3 ms·
Nice tool for experimenting with a couple of hypothetical cases, like what if I save a bit more or spend a bit less. It was quite surprising how much delaying r
by ralferoo 3y ago
Nice tool for experimenting with a couple of hypothetical cases, like what if I save a bit more or spend a bit less. It was quite surprising how much delaying retirement by one extra year makes to the outcome!
I noticed that it doesn't seem to take into account the state pension, which could be a considerable chunk for some people. You can kind of simulate this by reducing your spendings, but the state pension age might be later than your retirement age, so this isn't a perfect work around.
Also the link seems to use standard query parameters, which makes sense, but as it's all running in Javascript, it'd maybe be nice to get the parameters after # instead so that they aren't sent to your server when re-loading from a link. Coupled with an IP address, there's a chance you might be accidentally logging PII information otherwise.
- dom96 3y agoGood point. I will look into switching to using # instead.
- jackjeff 3y agoIt’s really good. I agree with the state pension comment. Maybe add as an additional income with a few settings set to suitable defaults - start age (66) - weekly amount (£203.85) - yearly increase (3%) I’m not super optimistic about the triple lock being a thing for much longer. But I feel like there’ll still be something (albeit very late and very small in inflation adjusted terms). Having this in the calculator can let you play with the different scenarios.