Announcing The New Saving Tool Advanced
We’re pleased to share that we’ve launched a new version of Saving Tool Advanced, available immediately to all users (for free).
New Insights, New Approach
The Advanced Dashboard has been re-designed, and the core experience is now permanently free to all users*. We’ve added new benchmarking data, unique opportunity information specific to your scenario and a host of new simulation options.
*Paid subscribers now benefit from full and unlimited access to our newest and most powerful features such as Backtesting, ISA Bridging (read on!) and the Glidepath Strategy.
Actionable Opportunities
Our updated dashboard now automatically computes actionable opportunities available to you by looking at several possibilities:
- What happens if I reduce my non-essential spending by 5% or 10%?
- What happens if I retire a couple of years later?
- What happens if I increase my pension contributions?
- What happens if I am able to increase my income a bit?
- …What if I combine multiple of these changes?
What If...?
You can now customize the simulation in a number of powerful new ways:
- 🌉 Define an ISA Bridge: prioritize your S&S ISA after your DC pension pot reaches a certain level
- 📈 Backtest your scenario against real investment growth and UK inflation data: see how it would have fared in different situations and at different times
- ✈️ Opt-in to our Glidepath Strategy: reduce exposure to equities in all accounts over time for a more conservative approach
- 📉 Customize Inflation by setting a Custom Inflation Curve: opt-out of our default 2.5% inflation assumption by specifying your own inflation curve into the future
New Comparisons
New benchmarking data has been added to give you a more detailed picture of how you compare to others in your age group.
Available Now
The new and improved Saving Tool Advanced is available now to all users. Sign up now or check your existing scenarios to see what our simulation engine says about your situation.
