Forum Discussion
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?
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
- lachlan.fuller
Iress Contributor
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
- rainier.reyes
Advisely Team
Great question nathan.greenaway . Looking forward to see if anyone has any ideas!
