I think Standard Life have an interesting calculator on how much income you might need in retirement-
How much do I need to retire? | Pension Planning | Standard Life
When you're planning for retirement it's important to think about the income you'll need to live the lifestyle you want. Our calculator can help you start planning today.www.standardlife.ie
I've always found this one to be terrible. Trying it now, it tells me I'm not going to make my target income in retirement (I left out an old DB pension as the calculator has nowhere to put it). I re-ran the calculation l, but this time I reduced my target income by the projected amount of the DB pension. It now tells me I'm still underfunded, and recommends a new contribution level to the current pension. The new contribution it recommends is lower than the contribution I told it to use in the projection.This might be a good place for people to post links to their favourite online pension (and perhaps other financial) calculators. As a financial broker we mostly use calculators provided by software providers as part of a subscription package. But the Pensions Authority has a simple one as a starting point.
What other online calculators do people use?
Yes, too simplistic.I've always found this one to be terrible.
This one looks very comprehensive. Thanks.Guiide is a free UK based retirement calculator which I have found to be very good
Yeah, it seems like its designed mainly for pensions which will buy an annuity. It doesn't show the % annuity rate used.I've always found this one to be terrible. Trying it now, it tells me I'm not going to make my target income in retirement (I left out an old DB pension as the calculator has nowhere to put it). I re-ran the calculation l, but this time I reduced my target income by the projected amount of the DB pension. It now tells me I'm still underfunded, and recommends a new contribution level to the current pension. The new contribution it recommends is lower than the contribution I told it to use in the projection.
It seems this one has not improved since I last looked at it.
Quick question: if one had a gross pension of c.€50K, what would the tax liability be for a married person?
Quick question: if one had a gross pension of c.€50K, what would the tax liability be for a married person?
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