Hi, welcome to Episode 10. This is the third part of our case study where we look at different scenarios of what happens if a person has a certain amount of money, and how we can project if that person has enough to retire a comfortable life. In the previous episode we looked at a young person in the 20s as hypothetical planner. In this episode we will look at a more mature person, a person in their mid-40s to give you another perspective on retirement planning. Also in this episode we provide you with a tool that will help you with the following:
a) savings plan calculator – this looks at what you need monthly to save in order to achieve the lifestyle you want,
b) current savings calculator – which looks at how much money you have to have started and how much the value of your money is at the current state,
c) cost of living calculator – this looks at how much you can live with for your future lifestyle depending on how much you have built up.
All of these calculators are developed by Jarvis to assist you in assessing your future goals and your current assets. If you are interested to know more about our retirement calculator, just send us a message here or email [email protected] for more details.