Who is this pension savings goal for?

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How long will you be saving for?

The longer you save for, the more time your pension pot has to grow.

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How much pre-tax income do you want each year in retirement?

£

We've taken a guess based on your profile.

Your age
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  • You will be eligible for the full state pension each year when you reach state retirement age.

Already saving for a pension? Please tell us a bit about it

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Target income
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  • Any current pension pot will continue to grow over time, and that you won't reduce your contributions in the future.
  • The monthly contribution figure is the total contribution, including any tax relief.

These options might give you an annual retirement income of , which would be about each month (before tax)

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  • The values shown in this modeller have been adjusted to show the impact of inflation over time, which is why cash values may appear to fall.
  • If any of this is not clear, your adviser will be able to help.

These numbers are purely illustrative, however, using your selected risk rating of "" (which we call ""), we are assuming that the potential returns could range between:
  • a growth rate of % each year, and
  • a potential loss of % each year.
The following figures are used in the above forecasting for each year of pension:
  • Inflation:
  • Product charge:
  • Adviser charge:

This calculator assumes you will not take a Pension Commencement Lump Sum (PCLS) and income will be drawn from the pension fund until you die.