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MyFinanceFuture
Build your own financial plan
A financial planning platform for people who want to take control of their future
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Answer your burning financial questions
We all sometimes have big decisions to make. Which are yours?
Create your financial roadmap
A step-by-step way to shape your future finances to achieve your goals.
Go forward with confidence
Create a plan in just 5 minutes and start to map out your financial future!
Discover DIY financial planning and create your own lifetime financial projection with our free, Basic version (no credit card required)
* For UK residents only
What is the MyFinanceFuture Planner?
The MyFinanceFuture Planner is a new tool making financial planning available to a wider audience
Watch our video to find out more
Answer your most important financial questions
Big questions about the future become important at key decision points in our lives. Which are yours?
HOW WILL I FUND MY RETIREMENT?
Perhaps the question we're most often asked, it’s about how to use pensions, savings and other investments to fund retirement spending. So, which withdrawal strategy to choose for flexibility and to reduce tax? When and how much to downsize or release home equity, if needed? The Planner helps you explore the options and visualise your strategy.
WHAT LIFESTYLE CAN I EXPECT?
Most people are interested in whether their future lifestyle expectations will be met, though may not be sure what this means in practice. The Planner helps you understand and model different phases of spending (e.g. kids' school years; empty nest; early retirement; later life) so you can assess how they should be funded.
AM I SAVING ENOUGH?
This is many people’s first question, and is linked to plans for retirement timing and lifestyle. The answer is in finding the balance between: lifestyle and savings now; retirement timing; and lifestyle in retirement. The Planner can help you understand the trade-offs and make plans to save appropriately for the future.
WHEN CAN I RETIRE?
Retirement is less clear-cut these days, with many different paths being taken in later life. Whether you plan a traditional retirement, to carry on working, to downshift or go part time, or to switch to a different type of work altogether, the Planner can help you understand the financial implications and when your intended transition should be possible.
HOW SHOULD I USE MY PENSION?
The UK pension freedoms introduced in 2015 opened up a new range of pension income choices. Options include flexible income drawdown, annuities, tax-free and taxable cash lump sums, and combinations of some or all of these. The Planner allows you to compare different options to help decide which works best for you.
CAN I PAY LESS TAX?
Most of us want the reassurance that we won't pay unnecessary tax. The Planner can help you make plans to achieve this, since it has UK tax rules and calculations built-in (including income and pensions, CGT and IHT) and helps you understand the tax implications of different options so you can reduce your lifetime tax bill.
WILL I RUN OUT OF MONEY?
The risk of running out of money is the greatest fear for many making big decisions about the future, and things may not turn out as we hope they will. The Planner lets you try out different scenarios (e.g. poor market conditions; early redundancy; unexpected expenses etc.) to see whether adverse events would cause a shortfall, and adjust your plans in response.
CAN I AFFORD TO GO PART TIME?
Many would love to go part-time to pursue second careers or other interests or to spend more time with family, but aren't sure how this would affect later retirement plans. The Planner can help you decide whether and when a move to part-time working could be affordable.
HOW MUCH MORE SHOULD I SAVE?
Many people recognise a need to increase retirement provision in their 40s, 50s or 60s. But how much more should they save ? The Planner can help you answer this question so you can save approprately for the future without unnecessarily compromising the present.
CAN I FUND MY KIDS’ EDUCATION?
A decision to fund your children's education is a multi-year commitment, with important considerations for you and your family. The Planner can help you understand the financial implications in the medium and longer term, so you can make a better-informed decision.
WILL I BE ABLE TO AFFORD MY BUCKET LIST?
Many of us have big plans for retirement, some of which may need significant funds to realise and so need to be planned for. The Planner allows you to model one-off cost items both now and in retirement, to help you decide whether your plans are affordable.
WHAT LEGACY CAN I LEAVE MY FAMILY?
For those hoping to leave a legacy, inheritance planning can enable assets to be passed on in a tax-efficient way. The Planner helps you estimate your legacy, assess gifting options and calculate your projected IHT bill to help you work out how this can be achieved as part of your plan.
Why MyFinanceFuture?
One Plan for Your Future
Plan for your working life, savings and investments, retirement income and spending, and legacy - all in one place
Cover All Your Finances
Include assets, debts, earnings, pensions, savings, investments, other incomes and spending, for you (and your partner)
Built-in Tax Calculations
Incorporates Income Tax, CGT and IHT covering all aspects and the full duration of your plan
Enables Holistic Planning
Locate and resolve trade-offs and find efficiencies across all aspects of your plan
Designed for You
A pro-level tool designed for use by the many, with extensive Help Text, Planning Guide and Support Channels
Up-to-Date Assumptions
Regular updates with the latest tax changes and economic forecasts, so you can focus on their impact on your plan
Easy What-If Analysis
Easily create scenarios and compare back to your main plan to identify impacts, with just a few clicks
You’re in Control
It’s your plan. With no dependency on a financial adviser, you’re in control of the planning process
Ask our users what they think
Some of the feedback we’ve received from customers of the Planner
“I commend you on the Planner … it’s given me the confidence to move on with the next phase of my life”
“Really enjoying the Planner, it's just what I've been looking for! Thanks too for the very responsive help”
“Just to say how impressed I am with the Planner, after trying to do this myself for a few years. Great stuff!”
“The Planner will become a vital tool and support as I move on from my current career to new ventures”
“Love it … gives me an easy way to work out my income in retirement”
“Great for people like me who don’t want to pay a fortune to advisers when we can plan for ourselves with the right software”
“I just wanted to tell you how great your product is! Thanks again - I’ll keep on recommending it!”
“I’m very much enjoying the Planner! I'm really glad I found it as I couldn't find any others not tied to a financial adviser”
Feedback received from customers since launch and from our preceding free pilot
... or ask a professional Financial Planner
“For years, the power of financial planning software remained the best-kept secret of professional financial planners.
I’m really excited this type of planning tool is now available to everyone.”
Justin King
Chartered Financial Planner &
“The Retirement Café” YouTube
Channel & Podcast
“The Retirement Café” YouTube
Channel & Podcast
Easy to get started
Your first plan in 5 minutes.
Use Quick Plan to get started and create your first plans. Our Planning Guide and detailed Help and Support can help guide you to your answers.
1. CREATE YOUR PLAN
Use Quick Plan to create your first plan in 5 minutes, get an initial financial projection and understand how financial planning can help.
2. SHAPE YOUR PLAN TO ACHIEVE YOUR GOALS
Shape and refine your plan to balance incomes and outgoings, address shortfalls and achieve your desired outcomes.
3. REFINE AND TEST YOUR PLAN
Test and adjust the plan to deal with different scenarios, such as economic downturns and unplanned life events.
Learn about Financial Planning
Not sure how financial planning could help, why it's worth doing or what's involved ? Read our article, which aims to answer these questions and help you decide whether financial planning is for you
Read our blog post to understand what Cashflow Planning is all about, how it can be used to answer important financial questions, and why this financial advisers' "power tool" should be a key part of your Financial Planning toolset
Watch our webinar to get a structured, 5-step process for creating, tailoring and maintaining your own financial plan,
and a demo showing you how to create and tailor a plan using the MyFinanceFuture Planner.
LAUNCH THE PLANNER