L&G launches the 3-1 Retirement Planner

Legal & General (L&G) has just launched a new online tool – the 3-1 Retirement Planner – to help members of the AHBRSP and AE Scheme plan for retirement.

The Planner allows members to:

• project the size of their savings pot at their selected retirement date;
• calculate the level of income they’ll need to maintain their desired standard of living;
• explore options for taking their money.

You will need to login to Manage Your Account (MYA) in order to access this feature as it will take into account personal details, such as your age/ gender, contributions and projected retirement age.

If you have not done so already, registering for MYA is a simple process. If you’d like some help, L&G has produced a step-by-step guide that explains how to do this or you can watch this video for an overview of MYA.

L&G has also taken the opportunity to improve the Retirement Planner by making it accessible across all devices, including mobile phones.