Income at retirement
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Shown in today’s money at retirement; actual withdrawals rise each year with inflation.
Retirement Planner
Find the earliest retirement age at which a target income can be sustained through your life expectancy, or choose a retirement age and see the maximum income your pension can support until then. Build up to nine scenarios, switch between them instantly, and use Quick Compare to review key outcomes side by side.
Estimated take-home
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After Income Tax only (no NI). Other savings and tax-free cash are drawn before pension.
25% tax-free taken
£0
Other savings at retirement
£0
Includes contributions and growth to retirement
Current Pot
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Forecast Retirement
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Annual Contributions
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Months To State Pension
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Pot Growth Projection
Employee vs Employer vs Growth
Withdrawal Need (Pre/Post State Pension)
The dashed target line rises each year by your cost-of-living inflation rate to maintain the same real spending power.
Goal Status
| Goal | Target | Retirement age | Pot at state pension | Status |
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Yearly Projection
| Age | Start Pot | Employee Contrib | Employer Contrib | Total Contrib | Growth | State Pension | Casual Income | Target Income | Withdrawal | Tax-Free Taken | Tax-Free Used | Other Savings Used | Principal Used | Shortfall | End Pot |
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Assumptions
Forecasts are indicative estimates from your selected growth, contribution and inflation inputs. Income targets are in today’s money at retirement and rise each year by your cost-of-living inflation rate. Pot and salary growth rates are nominal. This planner is a modelling tool for illustration and does not constitute regulated financial, tax or investment advice.
Last saved: -
Quick Compare
Select 2–4 plans, then compare.
How this planner works
The planner simulates your pension pot month by month: contributions while working, growth, optional 25% tax-free cash, other savings used as income, and withdrawals in retirement. Compare up to nine saved plans using the tabs above — results update instantly when you switch. Use Quick Compare to place up to four plans side by side with key metrics and mini charts.
Who this is for
UK residents modelling workplace or personal pensions alongside state pension. Start from a Financial Profile for household income and pots, use the compound interest calculator for non-pension savings growth, the Savings Tracker to log actual ISA and pension balances over time, or the take-home salary calculator to estimate net pay for contribution planning.
Planning modes
Retire at age — set a retirement date and see maximum sustainable income. Target income — set desired annual income and find the earliest sustainable retirement age. Income targets are in today’s money at retirement and rise each year with your cost-of-living inflation rate.
Frequently asked questions
How much pension do I need to retire in the UK?
Depends on income target, retirement age, contributions and growth. This tool projects whether your pot sustains your goal to your terminal age.
Does this include UK state pension?
Yes. State pension reduces private withdrawals from your state pension age.
Can I model tax-free cash at retirement?
Yes — up to 25% tax-free lump sum, with optional use as income before main pot withdrawals.
What is target income mode?
Finds the earliest retirement age at which your desired annual income is sustainable through your terminal age.
Are income figures in today’s money?
Yes. You enter income in today’s money at retirement. Each year in retirement, the amount you need rises by your cost-of-living inflation rate so spending power stays the same. Pot and salary growth rates remain nominal.
Important: Figures are indicative estimates based on the information you enter. Simplified tax, market volatility and future legislation are not fully modelled. This tool is for planning and illustration only and does not constitute regulated financial, tax or investment advice.