MoneyHelper Retirement Budget Planner

What MoneyHelper Retirement Budget Planner is

MoneyHelper Retirement Budget Planner is a free web tool for estimating retirement costs and the income that may be needed. Its budgeting function totals income and outgoings, shows the remaining amount, and breaks spending into categories to help identify possible savings or cost reductions. Users can enter expenses by year, with the planner converting those figures into monthly averages. MoneyHelper suggests having payslips, bank statements, bills, or a banking app available when working out income and spending. Budgeting assistance is offered through webchat, and the site links to budgeting guides. The planner is provided by MoneyHelper, owned and maintained by the Money and Pensions Service, whose registered office is in Bedford, England. The service states that its tools provide general information rather than advice to rely on. It also says the organization is not regulated by the Financial Conduct Authority and does not provide a regulated service. Its accessibility statement notes expandable-menu and tab-panel issues.