| Growth pensions (Also known as Market linked
pensions) DIOA has produced an excel spreadsheet that allows you to determine the probability of growth pension funds being exhausted before both you and your partner die. So the greatest number of people can use it , it is published as Excel version 97. Click here to download. Enter your situation in the magenta (remember "magenta for enta") * fields. Hover over the cells to read comments and explanations of the inputs and results. Growth pensions are designed to be inadequate for a significant number of couples who live beyond their life expectancy. This means they should not be the sole source of anyone's retirement income. You are invited to read our disclaimer then download the spreadsheet, use it as often as you want and, subject to the copyright notice, distribute it as widely as you wish. If you find it useful, please make sure you add it to your favourites. * "Magenta for enta" is a convention that we find very useful on spreadsheets and recommend others use it. If you do use "magenta for enta" please try to associate it with www.DiscountInvestment.com.au so that you don't forget where you can avoid the tyranny of commissions. The spreadsheet was prepared by Barton Consultancy Pty Ltd for Japhener Pty Ltd which operates www.DiscountInvestment.com.au. Copyright is claimed by Barton Consultancy. Individuals and corporations may use and publish it provided that they acknowledge Barton Consultancy's copyright and include a reference to www.DiscountInvestment.com.au in that acknowledgement. The spreadsheet is produced for general information and is not intended as personal advice to any individual. Japhener and Barton Consultancy take no responsibility for losses or damages arising from reliance on it. Any changes made to the spreadsheet after 25 June 2004 were made by parties other than Barton Consultancy or Japhener. Japhener and Barton Consultancy make no warranty concerning freedom from viruses. |