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Calculator advice
fjh
Posts: 184 Forumite
Looking for a calculator that will allow me to calculator Drawdown
BUT to factor in TF at age 61 but no drawdown until aged 65- just the 25% tax free to be taken
Can anyone suggest such a calculator please?
BUT to factor in TF at age 61 but no drawdown until aged 65- just the 25% tax free to be taken
Can anyone suggest such a calculator please?
0
Comments
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Trying to work out if I TF FSP - value 920k at aged 61 then leave apart from 200k tax free draw down until 65 how long will it last at 'conservative growth i.e not more than 3%
I can calculate straight line but not with deferment of 4 years built in which would I hope mean 4 years capital growth compounded onto to 720k
thanks0 -
I've been entering different scenarios into this calculator from The Telegraph. It seems to be a good indicator if you're realistic about expected growth and keep in mind future bear markets:-
http://www.telegraph.co.uk/pensions-retirement/financial-planning/pension-calculator-will-you-run-out-of-money/0
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