
Pension Calculator
Check your pension forecasts and see if you’re on track to retire when you want to with the pension pot you’re expecting.
Welcome to our Pension Calculator
UK savers can use it to check their pension forecasts and see if they’re on track to retire when they want to with the pension pot they’re expecting.
In four simple steps, you'll find out:
- the possible value of your pension pot at your chosen retirement age
- how much annual income that could get you for some or all of your retirement
- whether that income will help you meet your retirement goals
- how changing your contributions or retirement age could increase or decrease it.
If it looks like you’re not forecasted to save as much into your pension as you need to, our UK Pension Calculator will give you personalised hints and tips to help you get back on course. For more info you can also read our How much should I put into my pension article.
Information you’ll need to use our Pension Calculator
We’ve made our pension pot calculator as easy to use as possible. All you need to know to get your pension forecast is:
- the current value of any pension savings you have
- your annual contributions (including any employer contributions)
- when you plan to start taking money out of your pension.
Before you start
Our Pension Calculator gives you:
- financial guidance that can help you make choices, but it doesn’t tell you which choice is best for you. That’s up to you to decide. If you’re not sure, you can find out how to get financial advice on your results page.
- estimates, not definite predictions. Those estimates depend on the information you share with us and some financial assumptions we make. We’ll share details of our assumptions on your results page.
Next Steps
Exploring your retirement income options
- If you’re not sure what your retirement income choices are, use our Retirement Income Calculator to see how you could spend your pot, how much monthly income different choices could get you and how long each will last for
- If you’re not sure which is the best retirement income choice for you, use our Deciding How To Use Your Pension Pot tool to explore their pros and cons and see which one could be best for you
- If you’d like to talk through your pension choices and get tailored advice from one of our experts, visit our Retirement Advice page – you just need to be over 55 and have more than £20,000 saved up in one or more pots
Checking other types of pension
- Our tool is a defined contribution workplace and private pension calculator only – it won’t help you with the State Pension or any defined benefit pensions you have
- To see how much State Pension you might get, visit the Government’s State Pension forecast page
- If you have a defined benefit pension, you should talk to your employer or its provider to check how much it’ll pay out when you retire
Managing your pensions
- If you have one of our personal or workplace pensions, log into your online account to check your pension details
- If your pensions are scattered and you want to bring them together, you can trace and consolidate them from within MyAccount. MyAccount is our online dashboard, where our customers view and manage their products – you can only access it once you’ve bought one of them
- If you don’t have one of our personal pensions and want to start saving into one, they’re quick and easy to set up
Frequently asked questions
Getting a pension forecast helps you check that your retirement plans are on track. You can make sure that you’re saving enough to retire at your chosen age, supported by your ideal retirement income. But pension forecasts can be quite topline – if you want to dig a little deeper or if there’s anything you’re not sure about, it’s always worth getting more in-depth professional guidance or advice. You can:
- Find a professional adviser at the Unbiased website
- If you're over 50, visit the Government’s Pension Wise website for free, impartial guidance
- If you're over 55, chat with one of our own advisers at our Retirement Advice service
That depends on many different factors. The most important ones include what sort of retirement lifestyle you’d like to lead, what your ongoing expenses might be and when you’d like to start drawing on your savings. To see how much different retirement lifestyles can cost, visit the Retirement Living Standards site. And you can also check out our research into how much people need for happiness in retirement.
No. Your State Pension is completely unaffected by any income you get from your private pension or any other retirement income sources. It’s provided and controlled by the Government, unlike personal pensions which you own and manage yourself.
Your State Pension income will depend on when you were born and how many years of National Insurance contributions you pay. You can find out more about the State Pension here and see how much you could get at the Government’s Check your State Pension page.
You can start claiming it when you reach State Pension age, which varies depending on your date of birth and government policy. You can check yours at the Government’s Check your State Pension age page.
Helpful links
Interested but would like to understand more? These links will help you get up to speed.

Pensions explained
New to pensions? We answer some key questions you might have before you start saving for retirement.

Understanding risk
Investing money comes with a degree of risk. Learn more about how to choose the best risk level for you.

Want to get in touch?
Find all the ways you can get in touch with us about our pension products.