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Understanding the “My Plan” Overview in PocketPlan
The My Plan section in PocketPlan serves as the central hub of your financial future.
It provides a highly visual and comprehensive summary of your:
Current assets
Projected retirement income
Spending goals
Planning assumptions
Retirement Score
Everything connects to one core metric: your Retirement Score — your real-time probability of retirement success.
🧭 Key Components of the My Plan Dashboard
The dashboard is designed to give you:
A clear big-picture view
Essential financial metrics
Actionable planning insights
Below are the core components:
1️⃣ The Retirement Score
Your real-time probability of retirement success (e.g., 85%).
Why it matters:
This is the ultimate metric. Every other input feeds into this number.
If your score changes, something in your assumptions, savings, or income projections has shifted.
2️⃣ Financial Freedom Number
The total amount required in your accounts on the day you retire to sustain your lifestyle.
Why it matters:
This sets your concrete retirement savings target.
It answers the question:
“How much do I actually need to retire comfortably?”
3️⃣ Projected Retirement Income
A breakdown of expected annual income from:
Social Security
Pensions
Investment withdrawals
Other income streams
Why it matters:
Confirms whether projected income matches or exceeds your retirement spending goals.
4️⃣ Current Assets Summary
A consolidated total of all linked accounts:
Savings
Investment accounts
Retirement accounts
Why it matters:
Shows your starting point and tracks progress toward your Financial Freedom Number.
5️⃣ Key Assumptions Card
Displays essential planning assumptions such as:
Inflation rate
Life expectancy
Expected investment return
Why it matters:
Ensures your retirement projections are based on realistic financial inputs.
📈 The Interactive Timeline View
At the center of the My Plan overview is the interactive financial timeline.
This visual chart maps your financial journey from today through the end of your projected lifespan.
Growth Phase
Displays expected portfolio growth during working years based on:
Contributions
Investment return assumptions
This phase typically shows steady upward momentum.
Retirement Threshold
Marks the exact age and date you plan to stop working.
Shows projected Net Worth at retirement.
This is where your Financial Freedom Number becomes critical.
Drawdown Phase
Illustrates controlled withdrawals during retirement.
Your portfolio gradually declines as you fund living expenses.
Your Retirement Score ensures — in most simulations — that your balance does not reach zero prematurely.
🎯 Actionable Insight
By monitoring the My Plan dashboard, you can instantly identify:
If projected income is too low
If savings contributions need adjustment
If retirement age needs modification
If assumptions are unrealistic
This allows you to navigate directly to the input affecting your Retirement Score.
Frequently Asked Questions
What is the My Plan section in PocketPlan?
The My Plan section is the central dashboard of PocketPlan. It provides a complete overview of your retirement strategy, including your Retirement Score, Financial Freedom Number, projected income, current assets, and planning assumptions.
What does the Retirement Score mean?
The Retirement Score represents your probability of successfully funding retirement without running out of money. It is calculated using your savings, expected retirement income, spending goals, retirement age, and financial assumptions.
What is the Financial Freedom Number in PocketPlan?
The Financial Freedom Number is the total amount of money you need in your accounts on the day you retire to maintain your desired lifestyle throughout retirement.
How does the interactive timeline help with retirement planning?
The interactive timeline visually displays:
Portfolio growth during working years
The retirement threshold (when you stop working)
The drawdown phase during retirement
It helps you understand how your net worth changes over time.
What are planning assumptions in the My Plan dashboard?
Planning assumptions include key financial factors such as:
Inflation rate
Life expectancy
Estimated investment return
These assumptions directly affect your retirement projections and Retirement Score.
How often does the My Plan dashboard update?
The My Plan dashboard updates in real time. Any changes to savings, retirement age, spending goals, or account balances automatically recalculate your Retirement Score and projections.
Can I adjust inputs directly from the My Plan page?
Yes. The My Plan overview allows you to quickly identify which inputs are affecting your Retirement Score and navigate directly to adjust them.
Why is my Retirement Score changing?
Your Retirement Score may change if:
Market conditions impact investment returns
You modify savings contributions
You adjust retirement age
You update spending assumptions
Even small adjustments can influence long-term projections.
How does the My Plan overview improve financial confidence?
By displaying all financial metrics in one visual dashboard, My Plan helps you:
Understand your progress
Identify gaps
Make informed decisions
Adjust strategy proactively
It reduces uncertainty and increases clarity.
Is the My Plan overview available on both desktop and mobile?
Yes. The My Plan dashboard is accessible across desktop and mobile devices with real-time synchronization, ensuring consistent data everywhere.
The My Plan overview in PocketPlan is a centralized dashboard that connects your Retirement Score, Financial Freedom Number, projected retirement income, current assets, and planning assumptions into a single visual summary. The interactive timeline displays portfolio growth, retirement threshold, and retirement drawdown phases, helping users understand how financial inputs impact long-term retirement success.
