Use the lifestyle planner to review what you spend now, and what you might need to spend in retirement, with the changes in lifestyle that this might bring. No boring spreadsheets or lengthy calculations, in a few simple steps you can:
Tell us about your current household income.
Use the interactive sliders to tell us what you're currently spending your income on.
Change what you think you’ll no longer be spending in retirement and add what you would like to increase your spending on – like holidays!
Work out how much income you might need to achieve the lifestyle you want in retirement.
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Your total current budget has changed! Do you want to transfer figures and update images in Retirement?
Your total future budget has changed! Do you want to transfer figures and update images in Budget now?
Healthcare
Pets
Transport
Shopping
Leisure
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Review your housing costs. Your children may have left home by the time you retire so you may choose to downsize your home. Perhaps your mortgage will be paid off so you should also take this into account. Your utility bills may increase when you have retired as you may spend more time at home so heating and lighting costs will be more.
Review your housing costs. You may choose to downsize your home when you retire or perhaps your mortgage will be paid off so you should also take this into account. Your utility bills may increase when you have retired as you may spend more time at home so heating and lighting costs will be more.
Review your family expenditure. Your children may be grown up or have left home by the time you retire so you will no longer pay childcare costs or school fees etc.
Review your shopping costs. Your grocery shopping may increase when you retire as you may choose to eat more meals at home. However, clothes shopping amounts may be less as you will not need to buy work clothes.
Review your healthcare costs. Healthcare is generally more expensive as you get older so these costs may increase when you retire.
Review your transport costs. You may have a smaller car when you retire or you may use public transport more using a free bus pass.
Review your leisure costs. As you will have more spare time when you retire you may spend more on hobbies, day trips and entertainment.
Review your finances. You will no longer be making pension contributions when you retire and you may have paid off any outstanding loans and credit cards.
Review any other costs you have included to see if they are likely to be payable when you have retired.
Review your holiday costs. You may choose to go on more holidays when you retire as you will have more spare time.
Review the costs for your pets. When you retire you may have more time so you may choose to add more pets to your family.
Healthcare
Pets
Transport
Shopping
Leisure
Holidays
Finance
Other
If you're already an active member of a Group pension scheme, see how increasing your contributions or reviewing the date you want retire could make a difference.
If you're not currently a member of a Group pension scheme, you can use the DC modeller to see the possible benefits that you could get by joining Your Tomorrow.
And don't forget to take into account any other income that you might receive in retirement, for example, benefits from other pension schemes, savings and State Pension.
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This planner provides an estimate of your total income and expenditure now and in retirement. The totals are calculated based on the data you input and can only be as accurate as the information provided. If the frequency is changed (for example, from annually to monthly) the equivalent value may be rounded.
Any choices you make or data that you enter are erased once you’ve finished using the planner. However, you’ve a responsibility to ensure that you exit the website when you’ve finished with the planner, especially if you leave your computer for any length of time.