Ahead of next week’s budget, George Osborne on Andrew Marr’s show yesterday confirmed that the Long Term Care Cap would be reduced from £75,000 to £72,000 and will be brought forward a year to April 2016. Mark Soper says ‘’ Whilst still higher than I would like to see, any reduction in the cap is good news and bring it forward a year is welcome news’’.
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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