Income & Savings

What P1 and P2 earn, and where the surplus goes
Combined Stage 1
£110,000
Plan years
35

Salary by person and stage

Stage 1
P1
£60,000
P2
£50,000
Stage 2
P1
£30,000
P2
£50,000

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Career & Income — P1

Two career stages per person. Stage 2 follows Stage 1 automatically. Salary stops at the retirement age set on People. Set Stage 1 end year beyond retirement to use a single career stage.

StageStartEndSalary (£)Bonus (£)Annual salary growth %
%
%

Salary and bonus are entered in today's money. The projection grows them each year at the nominal annual salary growth rate — this is the total expected increase, not a real (above-inflation) rate. Bonus is included in gross and taxable income but does not generate pension contributions. Stage 2 runs until retirement, as set on People.

Pension & Savings — P1

How savings flow: Salary arrives as gross income. Pension contributions (employer and employee) go directly to the pension pot each year. The remaining surplus accumulates as household cash. Future account types (ISAs, GIA) are not yet modelled.

Percentages are whole numbers (e.g. 5 = 5%). Employer % adds to the pot above salary with no cash impact. Employee % reduces taxable income and adds to the pot. Lump sum is the net amount paid from cash — it receives a 25% basic-rate top-up into the pot.

StageEmployer %Employee %Lump SumCash ISAShare ISA
Stage 1
%
%
SoonSoon
Stage 2
%
%
SoonSoon

Cash & remaining balance

Household cash
Surplus after contributions accumulates here — modelled
Active

Other savings

These account types will be modelled in a future update.

Cash ISA
Not yet modelled
Coming soon
Shares ISA
Not yet modelled
Coming soon
Shares — Non-ISA
Not yet modelled
Coming soon
Other savings
Not yet modelled
Coming soon