The safety net

Ellie is thirty two, renting in Nottingham, with savings she is quietly proud of.

Her contract is not renewed, she is out of work for eleven months, and she claims everything she is entitled to.

Only the means-tested benefit is modelled here, and her savings disqualify her from it until they are nearly gone; the contributory one her National Insurance record bought, and the council tax help she would also get, are not modelled at all.

Appreciating Asset Liability Earned Income Passive Income Tax Efficient Retirement Planning Renting

Employment

Property

Savings Account

Expenses

Welfare

Ellie, thirty two to ninety

4 Goals

Eleven months without work, paid for almost entirely out of what she had already saved.

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