Retirement Planning
It would be good to have a Retirement Planning section where we can see how our future income and expenses are expected to be planned. For example, we could see how our monthly expenses would be covered by our investments, pensions and other accounts.
We could also include life events, such as buying a car or flat, children’s education, etc., in the projection chart, along with Monte Carlo simulations and FIRE calculations.
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Comments2
souran
Oct 7
Pension assets should be treated differently from regular investments. It would be useful to distinguish government pension, employer funded pension and private pension including when each becomes accessible, withdrawal rules and tax implications. Employer funded pension contributions should also be tracked separately from salary while still contributing to overall net worth. FIRE calculations should only consider pension assets when they become accessible.
souran
Sep 19
What if scenario section would be nice in retirement planning: