Commencing account-based pension early

In Archer, we make the assumption the client is going to move from accumulation phase to pension at age 67. However, your client may want to retire earlier or they may already be retired.

To change the retirement age. Navigate to the Dashboard:

1. On the retirement goal tile, select Edit

2. Update the retirement age for client and partner, in the example image, we have changed this to 62 years old. Select Save

In the Cashflow Table, you'll notice the income will automatically end that year of retirement. In the Detailed Tables section, the super balance will have automatically rolled over that year also, and will be visible in the Pension tables