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nathan.greenaway
Visiting Enthusiast
6 months ago
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Pension phase modelling in Xtools+

Does anyone have any tips or tricks for calculating the capital required to meet a required income during retirement (incl. Age Pension entitlements) or alternatively, determining a safe withdrawal rate based on anticipated capital available at time of retirement? 

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  • lachlan.fuller's avatar
    lachlan.fuller
    6 months ago

    Hi Nathan,

    One method you might consider is using Visualise to model these strategies.  The benefit of this module, which is included with Xtools+ is that you can model adjustments to Salary Sacrifice, Living Costs, Investment Strategies and Retirement Dates in a single screen and see the effect on the same screen:

    Have you looked at Visualise previously and from the above animation, do you think it may have some applicability to meeting required income in retirement?

    Lachlan

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  • lachlan.fuller's avatar
    lachlan.fuller
    Icon for Iress Contributor rankIress Contributor
    6 months ago

    Hi Nathan,

    One method you might consider is using Visualise to model these strategies.  The benefit of this module, which is included with Xtools+ is that you can model adjustments to Salary Sacrifice, Living Costs, Investment Strategies and Retirement Dates in a single screen and see the effect on the same screen:

    Have you looked at Visualise previously and from the above animation, do you think it may have some applicability to meeting required income in retirement?

    Lachlan

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