Retirement

Retirement Planner

Retirement planning becomes more useful when a future pot is connected to the lifestyle income it may need to support. This calculator works in both directions: contributions to pot, and pot to income.

Free calculatorInputs saved only in this browserRules: 2026/27

Where you are today

Set the time available and starting pension position.

years
years
£
£

Contributions & growth

Use realistic assumptions and test more than one scenario.

%
%
Enter the employer contribution percentage that actually goes into your pension.
%
%
%
%

Retirement income target

Translate the pot into an indicative income picture.

£/year
%
A planning assumption, not a safe-withdrawal guarantee.
£/year
Defaults to the configured full new State Pension rate for this ruleset.

Your estimate

Use the result as a planning guide and change inputs to test the assumptions that matter most.

How this calculator works

The calculator projects contributions and growth from your current age to retirement. Salary can rise each year, fees reduce the investment return, and inflation is used to show an indicative real-value pot. Drawdown plus the configured State Pension assumption is compared with your target income.

How to use it

  1. Enter your age, target retirement age and current pension balance.
  2. Add salary plus employee and employer pension contribution percentages.
  3. Choose return, fee, salary-growth and inflation assumptions.
  4. Enter your target retirement income and preferred drawdown assumption.
  5. Review projected pot, indicative income and any gap.

Assumptions and limitations

This is not a regulated pension forecast. Investment returns, inflation, tax, State Pension entitlement, retirement age and drawdown sustainability can all differ. The displayed State Pension figure is a configurable full-rate assumption, not an entitlement estimate.