Retirement Calculator

Our retirement calculator projects your current age and pension savings to give you an idea of what your retirement income could look like.

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What might your retirement look like?

Move the sliders along to personalise the results. Hovering over the (i) icon on the right hand side will explain the different fields.

You’re on track to have at retirement.

If you take per year, this will last until age .

Current Age: 
Retirement Age: 
Input your current and planned retirement age
Desired Annual Retirement Income
This is how much you want to live on in retirement. A guide is 50% of your current working income, assuming you pay off your mortgage before retirement
Current Combined Pension Pot
How much you have saved across your pension pots
Personal monthly contribution
How much you pay into your pension each month
Employer monthly contribution
How much your employer pays into your pension each month
Personal one-off contribution
A lump sum payment you want to make into your pension

This calculation assumes a mid-level growth rate of 5% per year, inflation of 2% per year and pension fees of 0.70%. The aim of this pension calculator is to give you an idea of the level of income your current pension benefits could provide you with and/or how much you might need to save into a pension to get the income you’re aiming for in retirement. It’s not personal advice or suitable for calculating the potential income from a defined benefit scheme, e.g. a final salary scheme. If you’re not sure what’s best for your situation, you should seek personal advice.