← Individuals
Life Plan
Can we afford it — and when?
Add what you have today and the big things ahead: a home, a baby, a career break, retirement. See your money year by year, the dates that matter, and Plan A next to Plan B.
Net worth in 2055
£830,060
Savings + homes − debts
Savings in 2055
£484,592
Cash and investments
Lowest savings
£23,997
In 2031
Debt-free
2053
Dates that matter
- Net worth passes £100k in 2032
- Net worth passes £250k in 2039
- Net worth passes £500k in 2047
- Mortgage paid off in 2053
- Debt-free in 2053
- Financially independent in 2054: savings could cover your costs at the withdrawal rate.
Net worth, year by year
Year by year
Worked out in your browser — nothing is stored. The link carries your plan, so your partner can open it and edit their own copy.
How it is worked out
- Each year, take-home pay (grown at your pay-growth rate) less living costs, rent or mortgage, debt payments and that year's events goes into savings, which grow at your return. Homes grow at the house-price rate.
- Amounts you type are in today's money and rise with inflation to the year they happen. Mortgages are repaid monthly, like the loan calculator.
- There is no tax on savings, no pensions other than the income you set at retirement, and no selling of homes unless you choose it. It's a plan to think with, not a forecast or advice.
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This tool is for informational and planning purposes only. It does not constitute financial, investment, tax or legal advice. Always consult a qualified professional before making financial decisions.