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 new Clergy Pension Plan revisions (expected to become effective 1/1/2018)
- 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.
This material is for informational purposes only and is not intended as investment, tax, financial, legal or other advice. Your personal decisions should be based on the recommendations of your own professional advisors.
Unless otherwise noted, websites referenced herein that are outside the www.cpg.org domain are not associated with The Church Pension Fund and its affiliates (collectively, the Church Pension Group) and the Church Pension Group is not responsible for the content of any such websites.