You must select your pension rate before tax e.g Married or Single
You must enter expenses at today's values under "Current Budget". By doing this, the calculator automatically increases the pension and expenses by 2.1% inflation per annum when you select "After Settlement"
to view your final result. You can alter expenses to meet your needs.
Income
Your Current Tax Rate
Pension Before Tax
Other Income Before Tax
$
Silver Choice Average Installment Deposit
$
Investment #1
$
Investment #1 Interest Rate
%
Investment #2
$
Investment #2 Interest Rate
%
Rental Funds Required
$
Rental Funds Interest Rate
%
Disposable Funds
$
Disposable Funds Interest Rate
%
Gross Interest From All Funds
$
All Income After Tax
$
Expenses
Food
$
Alcohol/Cigarettes
$
Power
$
Telephone / Internet / Cable TV
$
Contents Insurance
$
Rates
$
House Replacement Insurance
$
Repairs and Maintenance
$
Rent
$
HealthCare
$
Clothing/Grooming
$
Car Expenses
$
Entertainment
$
Holidays
$
Donations/Memberships
$
Gifts
$
Debt Repayments
$
Other
$
Total Spending
$
Your Result
You will notice in "After Settlement" results, that there are no more rates, house maintenance or home insurance to pay.
We are demonstrating the effect of banking all settlement funds into an interest bearing bank account, to finalise "Your Result"
If you have any issues with operating the calculator, please call us on 0800 628 628, and we will help clarify any questions you may have.
