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Illustrative income from Pension funds ignores inflation?

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Generally speaking - do the "projected" examples of income after retirement remain non adjusted for inflation?

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  • dunstonh
    dunstonh Posts: 116,717 Forumite
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    Depends on the assumptions that have been chosen to preduce that example illustration. The assumptions used are explained in the example. So, take a read of that to find out.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • sandsy
    sandsy Posts: 1,723 Forumite
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    If you receive a formal projection on a specific pension product, either at point of sale or some other time before retirement age, then it needs to be adjusted for inflation.


    If it's an income drawdown projection though, it can be either in real terms or nominal terms.


    But there's no specific rules for pension calculators or other online tools.
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