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“To calculate the Consumer Price Index (CPI) inflation, take the current CPI and divide it by the CPI from a previous period, then multiply by 100. Subtract 100 from the result to find the percentage change in the CPI, which represents the inflation rate. For example, if the current CPI is 110 and the previous period’s CPI was 100, the inflation rate would be (110/100) x 100 – 100 = 10%.”
At Horizon65 we can help you to determine if company pensions are worth it for you by using our mobile app to simulate its effect on your future taking into your existing investments and potential impact of inflation and taxation.
We regularly help our clients by comparing all the available company pension products on the market using our comparison portal or you can also directly get in touch with our experts to understand if it can be a good option for you.
Download our app and start gaining insight into your current and future finances.
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