Back to Top

How To Use Our Cash Flow Calculator

Start Login

Get started

Employment screenshot

EvolveMyRetirement® may use sophisticated technology, but it’s simple to use. In order to get accurate results from our cash flow calculator, you’ll need to enter some information about your finances*.

Employment screenshot

You'll need to know your income, essential expenditure, assets, pensions and debts.

There’s the option to include your spouse or partner’s finances too.

You'll also be asked about your attitude to risk and about the importance of leaving a legacy to your next of kin. You can then generate an optimised strategy that will show you these results:

  • The amount of discretionary spending you can afford
  • How likely you are to run out of money in your lifetime
  • How much inheritance you're likely to leave

This will help you get a quick overview of whether your retirement planning and future cash flow is on the right track.

Click start to begin – a quick confirmation email will have you up and running in moments.


Calculating Your Financial Plan

Once you’ve confirmed your login details, you’ll be welcomed into the first part of our cashflow calculator, where you’ll start building your financial plan.

Calculating an accurate, detailed plan requires as much information as possible, so have your income and outgoings, debts and assets on hand to complete each section fully.

Don’t worry if you haven’t got all the details now, you can log back in and adjust each section at any time.

Basic Information

Enter your postcode and lifetime contingency first.

Your lifetime contingency is an amount of money that you assume you’ll have to spend over your lifetime, over and above normal day-to-day- expenditure. It would not be spent on things that you already know about, but on things that may or may not ever be required. It should enot cover things like mortgage payments, bills or discretionary (leisure) spending. It might need to cover things like uninsured private medical costs, residential care home fees, unexpected legal costs, helping out family members, etc.

By its very nature, the lifetime contingency can only be an educated guess. Input this amount in today’s money, not accounting for inflation.

Next, use the simple sliding controls to show how important leaving an inheritance is to you, and how much risk you tolerate. A drop-down menu will ask you to select the statement that best describes how you react to a fall in the value of your investments.

Finally, enter the value of your main home, and the total value of any additional homes (excluding buy-to-let) that you own. You’re now ready to enter the next part of the cashflow calculator – details of the people on the plan.

Plan Members

This is where you input the date of birth, gender and state pension details of each member of the financial plan. You can find more information on the state pension here:

This section will also ask for cash savings, ISA values and other asset information for each member.

Once you’ve saved a member, you can enter their income from annuities, employment, self-employment or other income. You can also enter information on debts, life insurance and anticipated inheritances.

This gives an accurate picture of current income, assets and both short-term and long-term debts, making the final results more reliable.

Non-Discretionary Expenses

A non-discretionary expense is a regular payment that is essential to everyday living. This includes rent payments, bills, grocery shopping and essential travel costs. It doesn’t cover any business expenses, which should be entered in the self-employment part of the plan member section filled out previously.

On the other hand, discretionary spending includes things like meals out, cinema tickets and holidays – purchases for leisure and not day to day living. Don’t include these expenses here, as discretionary spending will be determined later as a key part of your strategy.

The non-discretionary expenses entered in this section are things that you can't or won't compromise on; your essential living costs.

Calculating Your Financial Strategy


Once your details have been input, EvolveMyRetirement® does the rest. At the click of a button, the process begins, running in the background even if you log out of your account.

Unlike any other cash flow calculator available, EvolveMyRetirement® uses a powerful combination of Genetic Algorithms and Monte Carlo Simulation to deliver an accurate outlook for your future cash flow, and develop an individual personal financial strategy.

Once it’s ready, you’ll be able to view your personal financial plan and go back to make any adjustments.

Please note that the automatic generation and optimisation of your strategy is currently limited to five times a week for each account from the date you sign up.

Start Login

Follow Us: Facebook Twitter Google+ LinkedIn