Pensions & Retirement

Build a retirement you can picture

Pensions are powerful but complex — tax relief on the way in, choices about how you draw an income, and limits to stay within along the way. Our pension and retirement calculators turn that complexity into clear figures so you can see whether you are on track and how small changes today shape your future.

Start with the Pension Calculator or Pension Pot Calculator to project the fund your contributions could build by retirement. The Pension Tax Relief Calculator shows the top-up the government adds to each contribution, which is often larger than savers expect.

Turning your pot into income

When you reach retirement you have choices. The Pension Drawdown Calculator models taking a flexible income while staying invested, the Annuity Calculator estimates a guaranteed income for life, and the Pension Lump Sum Tax Calculator shows the tax on cash you take beyond your tax-free amount.

Higher earners and the self-employed can check limits with the Annual Allowance Calculator and plan personal pots with the SIPP Calculator. If you have a workplace scheme, the Final Salary Pension Calculator values your defined-benefit entitlement. All tools are free and updated for the current tax year.