Hi, welcome to Financial Trajectory. This is a quick guide to get you started.
Aim: To visualise how changes to three key variables, your income, outgoings and the interest rate on your productive assets will change your wealth over time.
Process: Enter your age, initial wealth and current average interest rate into the boxes below then set the timespan. Next enter the income and outgoings trajectories for your scenario. Hit 'Visualise financial future'. This shows you your predicted financial trajectory and your predicted retirement year. You can use the settings menu to adjust the inflation rate and safe draw down rate for your model.
Tip: Try changing that interest rate, you might be surprised at how big a change you can make to your retirement age with just that one small number...
More help: If your still not sure what to do, head over to the about section for more information.
There following factors have been used in the underlying mathematical model. Feel free to change them as you see fit.
Our incomes are rarely flat over out lifetime so use this section to model your future income and see how that affects your wealth trajectory. To begin with the Income is modelled as if your current income increases with inflation each year (which it generally does).
Our outgoings are rarely flat over out lifetime so use this section to model your future outgoings and see how that affects your wealth trajectory. To begin with the outgoings are modelled as if you maintain your current lifestyle and outgoings increase with inflation each year (which they generally do).
| # | Retirement Age | Retirement Year |
|---|---|---|
| Current Interest Rate | # | # |
| Current Interest Rate + 1% | # | # |
If you've enjoyed having a play around with your financial trajectory then you should definitely check out our premium service 'Trajectory Pro'. If you're not quite ready to sign up then head on over to the case studies section and browse some pre-made financial trajectories.
