How do I model part-time work or semi-retirement income in the Retirement Planner?
You can model any phased income scenario in the Retirement planner.
- Open the Money in & out tab.
- Under Recurring income or expenses, click + Add payment.
- Select Employment income (or Custom payment if you prefer a generic label).
- Enter the annual income amount.
- Set the start year (e.g. the year you shift to part-time) and end year (e.g. the year you fully retire).
- Optionally set an annual growth rate if you expect the income to change year over year.
You can stack multiple income entries - for example, full-time employment income ending in 2030, then part-time income from 2030 to 2040, then Social Security starting at 67. Each entry is a separate line in Money in & out.
To compare scenarios side-by-side (e.g. "retire fully at 60" vs "work part-time until 65"), save each version as a what-if scenario from the Retirement planner and switch between them to see the difference in projected net worth and success probability.
