At this year’s Annual Conference & Exhibition 2019, we announced the launch of our new Future Income Target Tool.
With 70% of employees stating that having a target would encourage them to save more (PLSA research), the Future Income Target Tool helps employees set a retirement income goal and take steps to improve their retirement lifestyle.
The interactive animated modelling tool has been designed to help employees focus on their life after work and understand the income needed to support their retirement lifestyle. Designed as a fun interactive questionnaire, the tool enables employees to build a picture of their retirement lifestyle by answering simple multiple-choice questions on topics including their home, travel and leisure pursuits.
As users interact with the tool, an animated living room scene is populated with items based on their answers, creating a complete personalised picture of their life after work. The integrated maths engine calculates the income required to support the desired lifestyle and presents a Future Income Target and the monthly savings required to achieve it.
The tool has been developed as part of our suite of ‘ready-to-go’ Lifetime products which offer a low-cost solution, allowing you to leverage our global expertise for a fraction of the normal investment. There is no set-up fee – just a hassle-free monthly subscription with no minimum term.
To see the Future Income Target Tool in action and discuss how it could help your employees save more, email [email protected] or call 07557399879