Made redundant

Mark is forty, an operations manager in Sheffield with fifteen years at the same firm, a mortgage and savings he has always thought of as enough.

In July his division closes, it takes nine months to find work, and the job he takes pays less for the rest of his career.

Only the means-tested benefit is modelled here, and his savings disqualify him from it; the contributory one his National Insurance record bought is not modelled at all.

Appreciating Asset Liability Earned Income Passive Income Tax Efficient Retirement Planning Home Ownership

Employment

Property

Savings Account

Expenses

Welfare

Mark, forty to ninety

3 Goals · 1 What-If

Fifteen years at one firm, nine months out, and a career measured from a smaller number ever after.

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