PlanAhead for Retirement® is an online retirement planning tool customized for clergy in the Church Pension Fund Clergy Pension Plan.
How It Works
After entering some basic information about yourself (and your spouse, if appropriate) and your current retirement savings, the program projects your expected retirement income using:
- Estimated benefits calculated using the Clergy Pension Plan
- Salary and benefits you earn through a secular position
- Income from any savings and investments
The tool also projects how much income you will need and what costs your projected income will cover.
Steps for Improving Your Plan gives you suggestions on how to increase your retirement income through savings and/or investment earnings.
Advanced Inputs and Overrides help personalize the PlanAhead tool to closely model your individual situation.