The retirement view is a rough planning tool.
Note: When using Valutra for free, the retirement date is limited to at most 60 months in the future. When switching usage level, existing data remains visible; only edits may be restricted. See Usage & limits.
It shows a summary of your assumptions and derives an expected monthly situation at retirement start.
Why inflation is included here
The retirement view includes inflation on purpose because it combines different kinds of numbers:
- Your need/expenses are scaled to retirement start using your inflation assumption.
- Your assets are projected forward using an expected return.
Important: the expected return on assets is modeled as a nominal (absolute) return (after taxes) — there is no separate “inflation uplift” added on top. To make expenses/need and assets/pension income comparable in the same “money at retirement start”, inflation is applied to the need until retirement.
In contrast, the Balance view intentionally stays nominal (no inflation) because, over longer periods, income and prices often move broadly together and the projection becomes easier to interpret.
What is stored in the summary
In the summary, you can store:
- Retirement start (date)
- Inflation rate (yearly)
- Expected return on assets (yearly, after taxes)
- Current pension points
- Expected pension points per year (optional)
In addition, Valutra stores which plan items you marked as retirement-relevant and which amount in retirement should be used for them.
What is calculated from the summary
Based on your stored values and the selected retirement-relevant plan items, Valutra calculates (among other things):
- Projected value of one pension point at retirement start (using a long-term average assumption)
- Expected pension points at retirement start (current points plus expected points until retirement)
- Expected monthly pension at retirement start
For the selected retirement-relevant plan items:
- Retirement-relevant expenses today as a monthly average
- Expected retirement-relevant expenses at retirement start as a monthly average (today’s value plus inflation until retirement)
For assets and loans:
- Expected asset value at retirement start: uses the forecasted asset values until retirement.
- Outstanding loans until retirement: if a loan still has a final payment/remaining principal at retirement start, it is treated as a deduction.
- Net worth at retirement start: expected assets minus outstanding loans until retirement.
- Outstanding loans after retirement start: shown separately as a note.
- Potential asset income: derives a rough monthly amount from net worth using your expected return.
The final result is either:
- an expected gap or an expected surplus (monthly) at retirement start.
One-time payments are summarized separately and are not mixed into the monthly gap/surplus calculation.
Selected retirement-relevant plan items
Below the summary, you’ll see two tables:
Recurring plan items
- Shown with name, valid until (if set), amount in retirement (without inflation), interval, and monthly equivalent.
- The monthly equivalent is already scaled to retirement start based on your inflation assumption.
- Clicking a row opens editing for the “amount in retirement”.
One-time plan items
- Shown with date, name, and amount in retirement.
- These amounts are also shown as a sum, but do not flow into the monthly gap/surplus calculation.
Mark plan items as retirement-relevant
You can mark plan items as retirement-relevant directly on the Plan page and on the Balance page.
How it works:
- Use the Retirement column.
- Click the circle (○) to mark a plan item.
- In the dialog, store the expected amount in retirement (in today’s money, without inflation).
- Later, click the check (✓) to open the dialog again and adjust or remove the retirement setting.
Important:
- This does not change the plan item itself.
- The stored amount is used in the retirement view and scaled to retirement start using inflation.