Retirement Income Simulator

They say a change is as good as a holiday.

The Retirement Income Simulator can now cater for both in relation to your career. The new career change feature allows you to specify up to three points at which your salary might experience a step-change. This allows for a promotion, a job change or even a period of part time work. The Simulator has always had a career break feature, where you can model up to three periods of no salary and contributions. Combine the two and you can now allow for something like this:

Chart illustrating multiple career changes

If you’re really into it, you can do the same for your partner as well.

Tags: retirement-planning career