Retirement · JARVIS

Projections · Scenarios · V1 Event · Milestones · State Pension

Retirement

MODEL · 17 JUN 2026

Combined Net Worth

£599k

Pot £369k · Home equity £230k · 2026 baseline

BHAG 2040 on Track

Projected £1.51M vs target £1.20M
Gap: £32k / yr (4% rule)

Fallback 2045 on Track

YES

Projected £2.23M vs target £1.10M
Gap: £15k / yr (4% rule)

Mortgage Status

Ahead

Clearing 2034 vs 2042 target
8 yrs early — £170,000 balance now

◆ Key Metrics

Pot at BHAG 2040

£1.51M

target (25× income): £1.62M today's money

Pot at Fallback 2045

£2.23M

target (25× income): £1.62M today's money

Monthly Contrib Gap (BHAG)

£817

surplus/mo · current: £1,575 · need: £758

Mortgage Cleared

2034

8 yrs ahead of 2042 target · monthly £1,336

JARVIS · Retirement Brief

Combined pot sits at £369k against a £599k net worth position including home equity, Sir. Fallback (2045) is on track under current contributions — you need £-817/month extra for BHAG or £-2,180 for Fallback. The V1 event in 2027 injects £82k net and Option C (balanced split) is recommended. Mortgage clears 2034 — 8 years ahead of schedule. Emma's pension at 9.9% of Bri's is a priority gap to address. Portfolio projected to survive to approximately 2065 under BHAG or 2075 under Fallback.

◆ Combined Pot Projection 2026–2075

◆ Withdrawal Rate

Withdrawal Rate by Year (%)

◆ Pot Composition Over Time

Pot Composition Over Time

◆ BHAG vs Fallback — Scenario Comparison

BHAG — Retire 2040

Retirement Year2040

Bri's Age60

Emma's Age57

Combined Pot at Retirement£1,506,321

Income Target (inflated)£91,843 / yr

4% Rule Max Income£60,253 / yr

Surplus / (Shortfall)−£31,590 / yr

Withdrawal Rate at Retirement6.1%

Portfolio Survives To~2065

SP Bridge — Bri6 yrs (to 2046)

SP Bridge — Emma9 yrs (to 2049)

Mortgage at RetirementCleared

Fallback — Retire 2045

Retirement Year2045

Bri's Age65

Emma's Age62

Combined Pot at Retirement£2,228,991

Income Target (inflated)£103,912 / yr

4% Rule Max Income£89,160 / yr

Surplus / (Shortfall)−£14,753 / yr

Withdrawal Rate at Retirement4.7%

Portfolio Survives To~2075

SP Bridge — Bri1 yr (to 2046)

SP Bridge — Emma4 yrs (to 2049)

Mortgage at RetirementCleared

◆ V1 Event Modeller — 2027

V1 gross proceeds: £100,000 · CGT (18%): £18,000 · Net proceeds: £82,000 · Lender overpayment cap: £21,750/yr · Remaining cap after monthly OPs: £18,750

Option A · Recommended

Mortgage Cap

→ Mortgage (cap)£18,750

→ Portfolio (remainder)£63,250

→ Pension£0

Mortgage Cleared2035

Pot at BHAG 2040£1,559,940

Pot at Fallback 2045£2,304,194

vs Option C BHAG£53,619

Option B

All to Portfolio

→ Mortgage£0

→ Portfolio£82,000

→ Pension£0

Mortgage Cleared2036

Pot at BHAG 2040£1,605,125

Pot at Fallback 2045£2,367,568

vs Option C BHAG+£98,804

Option C

Balanced Split

→ Mortgage (50%)£41,000

→ Portfolio (50%)£41,000

→ Pension (0%)£0

Mortgage Cleared2034

Pot at BHAG 2040£1,506,321

Pot at Fallback 2045£2,228,991

vs baselinebalanced approach

◆ Milestone Tracker

Milestone	Note	Year	Status
£250k Combined Pot	First year ≥ £250k	2026	On Track
£500k Combined Pot	First year ≥ £500k	2028	On Track
£750k Combined Pot	First year ≥ £750k	2032	On Track
£1M Combined Pot	First year ≥ £1m	2036	On Track
Mortgage Cleared	Target 2042 — currently ahead	2034	On Track
V1 Event	Shares sale — £82k net	2027	Confirmed
BHAG Retirement	Early retirement goal	2040	Behind
Fallback Retirement	Latest acceptable retirement year	2045	On Track
Bri State Pension	Age 66 — £11,502 / yr (current rates)	2046	Confirmed
Emma State Pension	Age 66 — £11,502 / yr (current rates)	2049	Confirmed

◆ State Pension Bridge

BHAG Scenario — Retire 2040

Timeline: 2040 → 2049+

Pre-SP
6 yrs

+Bri SP
3 yrs

+Both SP

        2040 — Retire2046 — Bri SP2049 — Emma SP
      

Pot at retirement£1,506,321

Pre-SP withdrawal£91,843 / yr

After both SPs (2049)£51,250 / yr

SP reduces withdrawal by£40,593 / yr

Fallback Scenario — Retire 2045

Timeline: 2045 → 2049+

1 yr

+Bri SP
3 yrs

+Both State Pensions

        2045 — Retire2046 — Bri SP2049 — Emma SP
      

Pot at retirement£2,228,991

Pre-SP withdrawal£103,912 / yr

After both SPs (2049)£63,319 / yr

SP reduces withdrawal by£40,593 / yr

◆ Emma Pension Gap Alert

Emma vs Bri Pension — 2040 (BHAG)

Bri Pension at BHAG

£841k

growing at 7% p.a.

Emma Pension at BHAG

£84k

9.9% of Bri's — flag: below 30%

Gap

−£758k

Emma contrib £200/mo — needs significant increase

Action Required: Emma's pension is critically underfunded at 9.9%% of Bri's — flag is triggered below 30%. Consider increasing Emma's monthly pension contribution substantially (currently £200/mo). Every £100/mo increase adds ~£10,000 to Emma's pension pot by 2040.