Pension Forecast Service

Establish your short, medium and long-term goals in life

One of the biggest distractions people have in the run up to their retirement is working out how much they are going to retire on and more importantly; will it be sufficient for their retirement needs. Listed below is a summary of what the Sancus Retirement Planning Forecast Service is and what information you will need to have to hand in order for a projection to be produced.

 

Our Pension Forecast Process:

 

• Estimates how much your pension plan(s) could be worth when you retire using realistic investment returns and inflation rates 

• Takes your State pension into account 

• Highlights ways to take retirement income using an annuity or drawdown 

• Shows that you can take your pension pot as cash and how this could affect your tax position 

• Gives more accurate estimates by including basic medical questions (ill-health produces higher annuity rates) 

• Shows how changing variables such as pension contributions could affect your pension pot 

• Includes other capital assets you will have at retirement 

• Raises the question about the prospect of downsizing

 

 What information do I need to include in preparation of a pension forecast?

 

• Basic personal details

• The value of your pension pot(s)

• How much you and your employer contribute to your plans 

• The level of income you think you may need in retirement 

• Your target retirement age/when you want to start taking an income

 

 Please contact info@sancusrp.co.uk for more information, help and guidance on our Pension Forecasting Service.