Pension & Retirement
Pension Calculator
Estimate your retirement pot
Use this calculator to estimate the value of your pension pot at retirement. Enter your current pension value, monthly contributions, expected growth rate, and years until retirement to see a projection of your future pension wealth.
£50,000
£500
5%
25
Frequently Asked Questions
How accurate is this pension calculator?
This calculator provides a simplified projection based on constant growth and contributions. Real-world returns vary year to year. For a more accurate forecast, speak to a financial adviser who can model different scenarios.
Does this include tax relief?
No. Pension contributions qualify for tax relief (20% basic, 40% higher rate), which effectively increases your contributions. A financial adviser can show you the full picture including tax relief.
What growth rate should I use?
A rate of 5% is commonly used for moderate-risk portfolios. Conservative investors might use 3-4%, while those with higher risk tolerance might use 6-7%. Your actual growth will depend on your investment choices.
Want personalised advice?
Calculators provide useful estimates, but your financial plan should be built around your specific circumstances. Book a free consultation to discuss your situation.
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