Retirement Sustainability Calculator
Information
The Copia Retirement Sustainability Calculator is designed to illustrate a series of different retirement planning scenarios to help advisers assess the suitability of the portfolios for their clients
The Copia Retirement Sustainability Calculator does not constitute advice from Copia, Novia or any other associated companies.
It is assumed that you have already reviewed your client’s overall financial situation and investment needs with them and have identified that the portfolios from one of the Select Retirement Income ranges are a suitable investment.
There are a number of important issues that need to be considered when investing for retirement and the Copia Retirement Sustainability Calculator may only provide information to help with some of these
You need to confirm, by clicking ACCEPT below, that you understand:
- Copia does not provide any advice and is not required to assess the suitability of the product for an individual client.
- The Retirement Sustainability Calculator displays the results for the selected portfolio risk level, age of assumed mortality and income drawdown. It in no way implies that the selected input parameters are suitable for the client. It was designed to help the Adviser to select an appropriate portfolio from the Select Retirement Income range.
- The assessment is for Financial Adviser use only
Retirement Sustainability Calculator
The Copia Retirement Sustainability Calculator is designed to illustrate a series of different retirement planning scenarios to help advisers assess the suitability of the portfolios for their clients.
All the examples are based on an investor of 65 years old at time of investment with £100,000 of initial capital. You choose a risk level, assumed age of mortality and the percentage income required for a client and the calculator will generate an illustrative example, showing the estimated legacy value of the client’s portfolio at death, based on three different outcome scenarios.
To request bespoke scenario examples, please talk to your usual Copia contact or get in touch.
Select the required options using the dropdowns above
To discuss these results in more detail, or to request bespoke scenario examples, please talk to your usual Copia contact or get in touch at [email protected].
Assumptions
Investor is assumed to be 65 years old at the time of investment. All in investment management fee is equal to 1.25% annually. It is assumed that capital is divided between the SLI and
model portfolio in reccomended percentages and that the financial adviser purchases the recommended SLI allocation for each risk level. Guaranteed income rate assumed for SLI held
alongside Select: RI+ is 6.5% annually which is for an individual of average health. Income required for drawdown purposes is 4.5% of initial invested amount annually (fixed £ amount).
Inflation is not taken into account within this simulation and it is assumed your income requirement remains static. Income requirement may increase or decrease over time due to
inflation or your personal circumstances. Income requirement and management fees are assumed to be charged at the beginning of the month. Capital market assumptions are provided
by BII and are listed along with portfolio weights on the portfolio assumptions tab. No tax effect is taken into account within this simulation. A semi-annual rebalance of the investment
portfolio is assumed. A poor outcome is the 5th percentile outcome of the model at the mortality point chosen. A moderate outcome is the 50th percentile outcome of the model at the
mortality point chosen. A favourable outcome if the 95th percentile outcome of the model at the mortality point chosen.
Disclaimer
Portfolio performance is based on a stochastic forward looking (simulated) model, relied upon from third parties and which may not be any representative of historical asset class
performance. Simulated performance is not a guide on future performance and should not be the sole factor when selecting a product. The price of investments may go up or downa nd
the investor may not get back the amount invested. All in investment charge includes OCF/TER of the underlying funds, platform charge, Copia's management charge and an assumed
advisor fee which amounts to a total cost of 1.25% annually chargable to the investor. This information has been provided in good faith for the sole purpose of supporting you assesment
of the models.
