Pension Calculator

Build a Clearer Picture of Your Retirement Future.

Estimate how your pension savings could grow between now and retirement using your current pension pot, regular contributions, employer contributions, expected investment return and retirement age.

Calculate My Pension → Pension Investing Guide

£ Retirement Planning

01 · Start Enter your current age, pension savings and regular contributions.

02 · Grow Apply an assumed annual investment return to illustrate potential growth.

03 · Retire See an estimated pension pot at your selected retirement age.

Pension projection

Estimate Your Potential Pension Pot

Enter your own assumptions to create an illustrative retirement projection. Nothing is pre-filled, so the calculator will not display fabricated results.

Your details

Pension Assumptions

Use your current position and expected future contributions.

Current Age

years

Please enter a valid current age.

Retirement Age

years

Please enter a valid retirement age.

Current Pension Pot

Please enter your current pension pot.

Monthly Personal Contribution

Please enter your monthly contribution.

Monthly Employer Contribution

Please enter employer contribution.

Expected Annual Investment Return

Please enter a valid investment return.

Annual Contribution Growth

Please enter contribution growth.

Initial values are intentionally blank. Your calculation only appears after valid information is entered.

Retirement projection

Potential Pension Pot

An illustrative estimate based on the assumptions you provide.

Estimated pension value at retirement

Enter your details to see your projection

Your estimated retirement value will appear here.

£0.00

Estimated investment growth: £0.00

Years to retirement —

Total contributions —

Investment growth —

↗ Your pension growth chart will appear after calculation.

Retirement planning

What Drives the Size of Your Pension Pot?

Your eventual pension value is influenced by several variables. Understanding these factors can help you see why starting early, contributing consistently and reviewing assumptions can matter.

Starting Pot

Existing pension savings have more time to potentially benefit from investment growth.

Contributions

Regular personal and employer contributions add new capital throughout your working years.

Investment Return

The assumed return affects how quickly the pension pot may grow, but actual returns are uncertain.

Time

A longer investment period can provide more opportunity for compound growth to take effect.

START

SAVE

GROW

RETIRE

How it works

Small Contributions Can Become a Much Larger Pot Over Time

Pension investing benefits from the combination of regular contributions and potential investment growth. The longer money remains invested, the more opportunity there can be for previous investment growth to contribute to future growth.

01 Start with your current pot. Existing pension savings provide the initial capital for the projection.

02 Add regular contributions. Personal and employer contributions increase the amount invested over time.

03 Apply an assumed return. The calculator models potential investment growth using your chosen annual return.

04 Continue until retirement. The resulting estimate shows a potential pension value at the selected retirement age.

Understanding your result

Contributions and Investment Growth Work Together

A pension pot can grow through the money you contribute and the investment returns generated by the assets held within the pension.

Contribution breakdown

Where Your Pension Money Comes From

Once you calculate your projection, this section illustrates the relationship between contributions and estimated investment growth.

Personal contributions —

Employer contributions —

Investment growth —

Planning points

Review More Than One Scenario

A pension calculator is most useful when you test different assumptions rather than relying on one projection.

Contribution changes: Test what happens if you increase or decrease your monthly contribution.

Return assumptions: Compare conservative and higher-return scenarios to understand sensitivity.

Retirement timing: A later retirement age can provide additional years for contributions and potential investment growth.

Inflation: Remember that a future pension value may have less purchasing power than the same amount today.

Pension planning checklist

Important Things to Review Before Retirement

Your pension projection is only one part of retirement planning. Your actual position can depend on your pension arrangements, investments, future contributions, retirement income needs and other assets.

Employer Contributions

Check whether you are receiving the full employer contribution available through your workplace pension arrangement.

Investment Strategy

Understand how your pension is invested and whether the level of risk remains appropriate for your timeframe.

Retirement Income

Consider how your pension pot could translate into retirement income and what other income sources you may have.

Regular Reviews

Pension planning should be reviewed as your salary, contributions, goals and circumstances change.

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Frequently asked questions

Pension Calculator FAQs

Common questions about pension growth, contributions, investment returns and retirement planning.

The calculator estimates a potential pension pot by combining your current pension balance, personal contributions, employer contributions, expected investment return and the number of years until retirement.

There is no single return that can be guaranteed. Use a reasonable assumption for the scenario you want to test and compare multiple assumptions rather than relying on one projection.

Yes. You can enter a monthly employer contribution separately from your own contribution so the projection can reflect both sources of pension funding.

Starting earlier can give contributions and investment growth more time to compound. The effect depends on contribution levels, investment returns, fees, taxes and market performance.

The main projection shows a nominal future pension value. Inflation can reduce the purchasing power of that future amount, so retirement planning should consider inflation separately.

No. The result is an illustration based on the assumptions you provide. Investment returns are uncertain, contribution levels can change and actual pension outcomes may differ significantly.

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