Retirement savings calculator
Project your retirement fund growth and estimate whether your savings can sustain your target income. Adjustable for inflation and drawdown.
- Free, no sign-up
- No data stored
- Reviewed 2026-01-15
Your details
Results
- Monthly income
- £2,888.49
- Total contributions
- £193,600.00
- Investment growth
- £381,776.97
- Pot today money
- £305,314.18
- Pot needed
- £398,393.48
- Surplus
- £176,983.49
Until age 90
Real value (inflation-adjusted): :amount
For income of £2,000.00
Retirement note
About the Retirement Calculator
Plan your retirement by projecting how your savings grow during the accumulation phase and how long they last during drawdown. Enter your current age, target retirement age, contributions and expected returns.
The calculator adjusts for inflation so your target income is expressed in today's money. It shows whether you are on track, and if not, how much extra you need to save each month.
How to use the Retirement Calculator
- Enter your current age and target retirement age.
- Set your current pension balance and monthly contribution.
- Choose expected growth rates before and during retirement.
- Enter your target annual income in retirement.
- View the projection chart and shortfall analysis.
Frequently asked questions
Does this include the state pension?
Not directly. Subtract your expected state pension from your target income to find the private pension gap you need to fill.
What growth rate is realistic?
A diversified portfolio has historically returned 5–7% real (after inflation) over long periods. Be conservative — 4–5% real is a prudent assumption.
What is the 4% rule?
A common guideline suggesting you can withdraw 4% of your pot annually (inflation-adjusted) with a low risk of running out over 30 years. This calculator lets you model any withdrawal rate.
Sources
Figures are estimates for guidance only. Always confirm with the official source or a qualified professional before acting on them.