About You

Your Pension

Retirement Income
Pension Pot at Retirement
Monthly Drawdown
4% safe withdrawal
Monthly Shortfall
vs target income
Enter your details and click Calculate.
Pension Pot Growth
Contributions
Growth

How the Retirement Planner Works

This tool projects your pension pot at retirement by compounding your existing pot and total monthly contributions (yours plus employer's) at your expected annual growth rate. It then estimates monthly income using the widely-cited 4% safe withdrawal rule — drawing 4% of your pot per year — combined with your state pension to show total income.

The UK full new State Pension in 2025/26 is around £221 per week (approximately £958/month). You need 35 qualifying National Insurance years to receive the full amount. You can check your forecast at gov.uk/check-state-pension.

Note: this calculator does not account for inflation, tax-free cash lump sums, annuity rates, or pension lifetime allowances. It is for indicative planning only — speak to a regulated financial adviser for personalised advice.