💰 Financial Security Assessment Tool

Your Financial Details

Your take-home pay each month (after tax)
How old are you right now?
When do you plan to stop working?
How many years have you been saving/investing?

🎯 Customize Your Budget Allocation

Adjust the percentages based on your current reality. The recommended formula is 10-10-10-65-5, but you can start wherever makes sense for you.

Charitable donations
Monthly personal allocation
Minimum wealth building (pensions, savings, investments)
All living expenses
Insurance protection
Total: 100% ✅ Perfect!

💡 Remember: Even 2-3% protection is better than 0%. Start where you can and build up over time!

🤔 What Does This Calculator Show You?

The Financial Intelligence Formula (10-10-10-65-5):

Based on your monthly NET income (take-home pay), here's how smart families allocate money:

  • 10% Giving: Charitable donations and giving back
  • 10% Pay Yourself: Monthly personal allocation
  • 10% Savings & Investments: Minimum wealth building (pensions, emergency fund, investments)
  • 65% Outgoings: All your living expenses (housing, food, transport, etc.)
  • 5% Protection: Insurance to protect everything above

The Assessment: See exactly how much wealth-building progress you could lose if illness/injury stops your income - and how your protection investment guards decades of financial progress!

🎯 Your Financial Security Assessment Results

❌ WITHOUT Protection
✅ WITH Protection

💡 THE FINANCIAL SECURITY ASSESSMENT

Here's what you could lose if illness/injury stops your income:

£0

Your protection investment could save your entire financial future!

🛡️ Your Smart Protection Investment

Annual protection investment: £0

Monthly investment: £0

Protecting: £0 of financial progress

That's a 0:1 return on protection!

⚠️ Important Disclaimer & Limitations

🔴 This Tool is for Illustration Purposes Only

  • Results are estimates based on simplified assumptions and should not be considered as personalized financial advice
  • Actual insurance needs, costs, and coverage may vary significantly based on individual circumstances
  • This calculator does not account for inflation, investment returns, tax implications, or changing life circumstances
  • Protection costs shown are illustrative - actual insurance premiums depend on age, health, occupation, coverage type, and insurer

⚠️ Professional Advice Required

  • Always consult with qualified financial advisors and insurance professionals before making any financial decisions
  • Your specific insurance needs should be assessed based on your complete financial situation, dependents, debts, and goals
  • Different types of protection (life insurance, disability insurance, critical illness cover) serve different purposes
  • Insurance products have terms, conditions, exclusions, and limitations that must be fully understood

ℹ️ Calculation Assumptions

  • Assumes consistent income and savings rate throughout working life
  • Does not factor in salary increases, career changes, or economic fluctuations
  • Protection percentages are illustrative - actual optimal allocation varies by individual
  • The 10-10-10-65-5 formula is a general guideline, not a universal rule
  • Does not consider existing insurance coverage, employer benefits, or government support

📞 Next Step: Use these results as a starting point for discussions with qualified financial professionals who can provide personalized advice based on your specific circumstances and goals.

Disclaimer: This calculator is provided for educational and illustrative purposes only. No warranty is made regarding the accuracy of calculations or suitability for any particular use. Users assume all risks associated with the use of this tool.