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Retirement Calculator

Retirement Calculator

Estimate how much income you'll have when you retire — and whether it will be enough to support the lifestyle you want.

Your Details

Adjust any value — results update automatically.

years
years
£
Total already saved in your pension(s).
£
Your planned monthly pension contributions.
£ / yr
DB / final salary schemes or other guaranteed income.
£
Used to suggest an income replacement target.
£ / yr
Total income you want per year (including State Pension if applicable).
Estimated Annual Return (nominal) 5.0%
Annual Fees 0.5%
Range 0–4% per year.
Include State Pension
Adds £11,973 per year when included.

Your Retirement Forecast

Based on the details you've provided above.

Projected Annual Income in Retirement

£0 / year

Until age 95

Pension Pot at Retirement
£0
Years to Retirement
0
Today's Money Value
£0 / yr
Monthly Shortfall / Surplus
£0
ℹ️ Calculating…
Retirement Income Comparison
Projected Pension Pot Over Time
Assumptions Underlying This Calculation
  • Inflation assumption is CPI of 2%. Real value figures deflate nominal amounts by 2% per year.
  • Investment return uses your selected annual return minus fees (nominal net), compounded monthly.
  • Contributions are added monthly until retirement.
  • At retirement the pot is converted to income using a drawdown model to age 95 (25-year horizon if retiring at 70+).
  • State Pension of £11,973 per year (2025 figure) is added when toggled on.
  • Guaranteed income (e.g. DB schemes) is assumed to start at your retirement age and remain fixed.
  • No tax relief, employer contributions, or annuity rates are modelled.
Important Information This calculator is provided for informational purposes only and is not financial advice. Results are estimates based on your inputs and should not be relied upon as a guarantee of future outcomes. Pension values are subject to investment performance and can go down as well as up. Inflation rates, life expectancy, retirement age and tax treatment can all impact your pension value. The State Pension amount and eligibility rules are subject to change. Please consult a qualified financial adviser to review your personal situation and develop a tailored retirement plan.