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Pension Calculator
See what your pension could be worth at retirement — or find out exactly how much you need to save each month to hit your target income.
Your details
No sign-up needed£
Include all pots — SIPP, workplace, etc.£
Your personal contribution, before tax relief35
67
5%
Include State Pension
£11,973/yr from State Pension age
Your projection
Today's money// Projected pot (future money)
£242k
Before inflation · 32 years of saving
Drawdown
£7,316/yr
£7,316 private
Pot stays invested. You draw 4%/yr. Pot passes to your estate.
vs
Annuity
£13,169/yr
£13,169 private
Guaranteed for life. Higher income but pot is gone on death.
Tax-free lump (25%)
£61k
State Pension (age 68)
Before SP age
Years to retirement
32 yrs
Today's pot value
£183k
⚠ Early retirement gap: Retiring at 67 is before your State Pension age of 68. State Pension not included — your private pot must cover everything until age 68.
PLSA Retirement Living Standards (drawdown basis)
Minimum
Basics + UK holiday, no car
Moderate
Car + European holiday
Comfortable
3-week holiday + home upgrades
Drawdown uses the 4% sustainable withdrawal rate — pot stays yours. Annuity rate ~7.2% (current market, age 68, level, single life). Both in today's money. Not personal advice.