Aviva Retirement Calculator
The cuts and modifications of the current Government can mislead anyone. According to the Aviva Savings and Pensions Institute, 3 out of 10 Spaniards close to retirement still do not know or have not calculated the money they will need to maintain a certain standard of living once they have retired For this reason, they have presented a curious application aimed at resolving this doubt in a simple way, through a smartphone
It is a pension calculator with a very simple and intuitive operation By simply entering a few financial data about working life, the user can perform a guesstimate of the percentages of Social Security coverage, expected and recommended contributions for the desired standard of living. And not only that, it also allows to automatically recalculate all the information using only the controls: recommended annual contributionsand desired purchasing power
But to do this, you first need to configure some aspects of the application. As soon as we start it, we find three general tabs: Basic data, Results and AdvancedThe first one allows you to perform a quick calculation using data such as age, sex, years of contribution, contribution group and gross salary When completing said data and pressing the button Calculate a new screen appears with the results. This moves you to the next tab.
In this tab you can see graphically and numerically the necessary contributions to achieve the level of desired retirement Thus, a color graph appears on the left side that shows, according to the tonalities, the Social Security income, expected and recommended contributions Same data shown disaggregated at top right, using percentages As we mentioned at the beginning, it is also possible to establish through the lower bars a certain level of recommended annual contributions or the desired purchasing powerMoving the level of both bars automatically recalculates the previous data to know what concepts should be taken into account. Do not forget the possibility of receive all this breakdown of data in the email through the button Receive detail by email
Finally, in the Advanced tab there are other options to take into account to adjust to the maximum the calculation Thus, it is possible to establish the retirement age, the contribution group, the different pension plans, extra contributions, performance of economic activities, etc With all this, when pressing the button Calculate, you get some percentages and closest data to the user's profile.
In short, it is a useful application to get a small idea of the necessary contributions for a certain standard of living during the retirement. It also has a help button that explains the different sections to the user But the best of everything is that this application can be downloaded completely free This Aviva Retirement Calculator is developed both for mobile phones and tablets with operating system Android as for iPhone and iPad Available through iTunes and from Play Store, old Android Market
