As we have established your retirement forecast form is solely based on the information you provide and the underlying assumptions contained within the calculator. This assumptions have been set using figures and estimates obtained from various providers and governement bodies where appropriate.
The default assumption set is listed below:
 Life Expectancy Office of National Statistics by age
Current Employment Continue until retirment
Current Pension Contributions Continue until retirment
Method of Pension Benefits Flexible Access Drawdown
Inflation (CPI & RPI) 2%
Average Earnings 2%
Income Tax Regime UK Excluding Scotland
Increase to Income Tax Bands 2%
Pension and Investment Growth Rate 4.5%
Pension and Investment Charges 1%
Annuity Rate 5%
Annuity Esclation CPI
Annuity Death benefit 50% of income
Annuity Guarantee Period 5 Years
If you would like any changes to these assumptions this can be requested in the notes section at the end of our Retirement Forecast Request Form
