Tangentially but I've yet to see a free retirement planning web app that properly models your incoming peaking at a certain age. They usually just ask for your current salary then assume yearly increases until retirement ! How is that not pure deception? Sure it probably applies to lawyers, doctors etc but what about the masses?
The reality seems to be when you get too expensive and too old at 45/50 you get made redundant and then have to eat through some savings and then take a 50% pay cut finally ?
Other tools like Projection Lab (not a submarine ad I promise) let you define employments and rbitrary points at which your salary increases or decreases, allowing much better modelling
The reality seems to be when you get too expensive and too old at 45/50 you get made redundant and then have to eat through some savings and then take a 50% pay cut finally ?
Other tools like Projection Lab (not a submarine ad I promise) let you define employments and rbitrary points at which your salary increases or decreases, allowing much better modelling