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Brits “underestimating what they need to save for retirement”

Almost three-quarters (74%) of Brits, both in the UK and abroad, are not on track to retire with sufficient funds to maintain their current lifestyle, reveals a new survey by independent financial advisors deVere Group. The survey results suggest that many people are underestimating how much they need to save for retirement, which could have […]

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Large numbers of Brits miscalculating their spending in retirement

New figures show that many people have miscalculated how much they would be spending in retirement, with almost a third overspending what they had allowed themselves. The new research from Pension Bee also lifts the lid on what the public think they will need in retirement, depending upon their age now… and the stats show […]

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Retirement costs soar over last 12 months

New data has revealed just how much you will need to have an annual income to enjoy a “moderate” lifestyle in retirement. The new stats are from Hargreaves Lansdown’s “Savings and Resilience Barometer” and put the cost of a moderate retirement income at £25,000 per year for a single person and £36,480 for a couple. […]

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Retirement finance worries affecting mental wellbeing for one in three “midlifers”

New research shows that a significant proportion of people in the so-called “sandwich generation” find that worrying about their future retirement finances is actually affecting their mental wellbeing, while one in six admit to “having their heads in the sand”. The research from Hymans Robertson Personal Wealth (HRPW), which focusses on those born between 1964 and […]

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How much could renting add to your retirement costs?

How much difference could renting in retirement make to your outgoings… and the amount you need to put aside? New figures reveal all. People who expect to rent throughout their retirement could need an additional £391,000 in savings compared to those who have paid off their mortgage, according to new analysis from Standard Life, part […]

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New features on RetireEasy.

Not yet retired?

You can now include all your additional savings, investments and Pension Contributions between now and your retirement, taking into account increasing these Additional Contributions year-on-year and stipulating whether these are one-off or recurring contributions. As always, you can revisit these projections and change them at any time either when your expectations change, or you have real numbers to replace projections already made.

New useful charts?

There are now three additional charts, further breaking down your assets and income.

Download your data in a spreadsheet?

You can now also download spreadsheets giving you the opportunity to view all of your entered information, and your entire LifePlan in one glance.

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