The Situation
The scenario models a 57-year-old Senior HR Director earning £80,000 a year, with £435,000 across a workplace DC pension and a legacy SIPP, plus a £42,000 Stocks & Shares ISA.
The main home is worth £385,000 with a mortgage still being paid down. Planned retirement is age 62. The question the projection answers: will the money last, and how much can be taken tax-free?
Scenario dashboard — projection hero with KPI cards
What Wealth365 Showed
Wealth365 consolidates both pension pots into a single projection. The PCLS calculator shows £161k of tax-free cash available — well within the £268,275 Lump Sum Allowance — leaving £482k in drawdown.
Projected net worth reaches £1.23m by the final year of the 33-year projection, with the plan staying funded once drawdown and the State Pension begin.
Year-by-year projection with income, expenses and net worth
The Feature That Changed Things
The PCLS & Drawdown section models different withdrawal rates side-by-side, comparing the impact of taking more tax-free cash upfront versus phasing withdrawals across retirement as two separate scenarios.
The Monte Carlo simulation stress-tests the drawdown plan across hundreds of simulated market paths, showing the probability of the funds lasting to age 90 rather than a single average-return line.
PCLS calculator showing tax-free lump sum and remaining drawdown pot
KPI summary — on-track %, projected wealth at retirement, and sustainable income
What They Did Next
The Scenario Builder tests retiring at 60 instead of 62, showing the impact of two extra working years on the drawdown pot and the on-track score.
The white-labelled PDF report and the Multi-Year Financial Statements (Excel) are both produced from the same plan — share with an IFA to skip the data gathering step entirely.
Custom-branded PDF report — ready to share or save (Multi-Year Financial Statements Excel workbook produced from the same plan)