Project your pension pot at retirement, estimate your drawdown income, and see how much more you need to save.
Pension Pot at 57
£364,110
£261,200 contributed + £102,910 growth
Tax-Free Lump Sum
£91,028
25% of pot (capped at £268,275)
State Pension
£11,973/yr
35/35 qualifying years (from age 67)
Years to Retirement
22
Retiring at age 57
The PLSA defines three retirement living standards for individuals in the UK.
minimum
£13,400/yr
£1,117/mo
Your Levelmoderate
£31,700/yr
£2,642/mo
comfortable
£43,900/yr
£3,658/mo
Set your desired monthly retirement income and we'll calculate exactly what you need to save to get there.
State Pension Age
Currently 67. Rising to 68 between 2044-2046.
Full New State Pension
£230.25/week (£11,973/yr) with 35 NI qualifying years.
Private Pension Access
Age 57 from April 2028 (currently 55). 25% tax-free, rest taxed as income.
4% Sustainable Withdrawal
Widely used rule of thumb — withdraw 4% annually and your pot should last 30+ years.
Annual Allowance
£60,000/yr total contributions (including employer). Carry forward up to 3 years unused.
Tax-Free Lump Sum
25% of your pot tax-free (max £268,275). Take in one go or phased over time.
Projections are estimates using today's values adjusted for inflation. Actual returns, state pension amounts, and tax rules may change. The 4% withdrawal rule is a guideline, not a guarantee. This is for informational purposes only — consult a qualified financial advisor for personalised retirement planning.