1. Education Fees Planning your children’s future

4. Grand Total

5. Retirement Planning Securing your financial future

7. Timeline 30 yrs 76 yrs 82 yrs 65 yrs Invest money monthly Lump sum to draw down Or take an Income State Company Personal x x a 2.5m workers facing cut in gold-plated final salary pensions Protest as Government pension deficit increases Retirement; the reality

8. Life Line Establishing your objectives 17 years € 5 0,000 60 years old 43 years old (Retirement age) (Present age) (Income today)

9. Life Line Establishing your objectives 17 years € 5 0,000 60 years old 43 years old (Retirement age) (Present age) 1st child starts university… Spouse retires… Mortgage paid off Buy property abroad… (Income today)

10. Life Line Establishing your objectives 17 years € 5 0,000 60 years old 43 years old (Retirement age) (Present age) (Income today)

11. Life Line Establishing your objectives 17 years (Income today) 60 years old 43 years old (Retirement age) (Present age) € 35 ,000 p.a. (Target income in today’s terms) Objective : Retire on 70% of current income € 5 0,000

12. Life Line The effect of inflation What will this need to be in the future? Target income (today’s terms) x Inflation factor (years to retirement) = Target income (future terms) € 35,000 x 1.045 = € 48,000 € 48 ,000 p.a. € 35 ,000 p.a. (Target income in today’s terms) (Target income in future terms)

13. Life Line The effect of inflation 17 years (Income today) 60 years old 43 years old (Retirement age) (Present age) € 48 ,000 p.a. (Target income in future terms) € 5 0,000

14. Life Line Establishing a target figure Capital sum required at retirement x Projected income yield = Target income (future terms) How much capital will I need? € 48,000 x 5% p.a. = € 960,000 Capital required at 60 (from all sources) € 48 ,000 p.a. (Target income in future terms) € 960 ,000

15. Life Line Establishing a target figure Capital sum required at retirement x Projected income yield = Target income (future terms) How much capital will I need? € 48,000 x 5% p.a. = € 960,000 Capital required at 60 (from all sources) € 960 ,000

16. Life Line Establishing a target figure 17 years € 5 0,000 (Income today) 60 years old 43 years old (Retirement age) (Present age) € 960 ,000 Capital required at 60 (from all sources)

17. Life Line Establishing a target figure 17 years € 5 0,000 (Income today) 60 years old 43 years old (Retirement age) (Present age) € 960 ,000 Capital required at 60 (from all sources) Existing benefits Frozen schemes € 200,000

18. Life Line Establishing a target figure 17 years € 5 0,000 (Income today) 60 years old 43 years old (Retirement age) (Present age) € 960 ,000 Capital required at 60 (from all sources) PENSION GAP € 760 ,000 Additional capital required at age 60 Existing benefits Frozen schemes € 200,000

19. Life Line Plan of action Average monthly investment to achieve goal Projected growth over 17 years Pension Gap How much should I be saving? € 300,000 10% p.a. €1,000 p.m. € 1,000 p.m. Average monthly investment required € 760 ,000 Additional capital required at age 60

20. Life Line How much should you be saving? 17 years € 5 0,000 (Income today) 60 years old 43 years old (Retirement age) (Present age) Average monthly investment required € 1,000 p.m. € 760 ,000 Additional capital required at age 60 Existing benefits Frozen schemes € 200,000 PENSION GAP

21. Retirement Investment Work with your advisor to maintain correct risk profile Retirement Plan Investment Portfolio Fixed Income Global Bond Euro Fund US Fund BRIC Fund Energy Fund