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    Investment calculators

    Great value and our widest range of investment choice.

    What will your pension be worth?

    Plan ahead for your retirement and how much you would need to be paying in to reach the pension you would like to retire on.

    Age now
    Age at retirement
    Desired annual gross income on retirement (£)
    Current value of pension fund (£)
    Current monthly pension contribution amount (£)
    Annual pension assets growth risk profile (%)
    Projected value of pension fund at retirement (£)
    Expected annuity rates at retirement (%)
    Projected gross pension income without tax-free lump sum (£)
    Tax-free lump sum to be taken upon retirement (max 25% of fund)
    Projected gross pension income after taking tax-free lump sum (£)
    Required value of pension fund at retirement after tax-free lump sum
    of 0% deducted (£)
    Gross pension income shortfall per year (£)
    Pension fund shortfall (£)
    Extra monthly contributions required to make up shortfall (£)

    How to use

    1. Enter your details in the open fields including current age, the age you would like to retire and desired annual income in retirement. You can also see the result of withdrawing a lump sum upon retirement. Current rules allow for up to 25% of the pension to be withdrawn tax free.
    2. Select an average annual percentage growth for the pension assets. 7% is often used as an illustrative longer-term return. Cumulative returns on UK assets with dividends re-invested 1900-2006 were 9.8% per year for equities and 5.4% for bonds. Inflation was 4% (source: ABN Amro).
    3. Select an annuity rate. Rates fluctuate and vary depending on your age, sex, and whether the annuity is fixed, index linked, investment linked or escalated annually. Annuity rate are 3.5% for a male, 3.2% for a female, based on a non-smoker, current age 50, purchase annuity at age 65, inflation-linked monthly income, with no tax-free withdrawal on commencement. (Remember, you are no longer obliged to buy an annuity.)
      Visit the Money Advice Service's annuity section.
    4. The calculator does not account for the effect of inflation on either the real value of your pension or asset growth. Figures are, therefore, in 'today's money'.
    • This content is provided for general information purposes only and is not intended to be relied upon in making, or refraining from making, any investment decisions. Selftrade cannot accept responsibility for this content: you should carry out your own research before acting on this information
    • Selftrade provides you with a range of tools and information to help you make informed investment decisions but does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.
    Currency converter

    Note: The exchange rates shown are Foreign Exchange rates and will not apply when you are purchasing currency notes or making currency transfers.
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