Disclaimer

This website and calculator are provided for general information and illustrative purposes only. They do not constitute financial advice, investment advice, pension advice or tax advice.

Key assumptions

• Your target income is entered as net monthly income in today’s money and is increased each year using the inflation assumption.
• Investment growth is assumed to be constant before and during retirement.
• Monthly pension contributions continue at the same level until retirement and then stop.
• State Pension is included by default using a simplified full new State Pension estimate and is assumed to increase with inflation. Actual entitlement may differ.
• The tax model uses simplified UK income tax assumptions.
• Withdrawals are calculated to meet the selected net income each year rather than using a fixed withdrawal percentage.

You should consider seeking advice from a qualified professional before making financial decisions.