Retirement planner tool
Use our retirement planning tool to experiment with the income you could achieve in retirement.
Our retirement planning tool helps you experiment with the income you could achieve in retirement depending on a range of factors including:
- how much you save and for how many years
- how you choose to take your money
For more information on the full range of options available to you, please refer to the MoneyHelper's Your pension: your choices guide (PDF).Use the retirement planner
We encourage you to use the retirement planner at least once a year to monitor the progress of your savings. This way, you'll know if you're on track to achieve the lifestyle you're hoping for in your later years or if you'll need to make some financial or personal adjustments to help secure your future.
Have you thought about your lifestyle in retirement?
The Pensions and Lifetime Savings Association (PLSA) have created the 'retirement living standards' to give you practical guidance and help you work out what your retirement might cost based on three lifestyles: minimum, moderate and comfortable. These lifestyles show you what your living costs might be across key spending areas such as your home, food and drink, transport, holidays and leisure, clothing and personal spending and buying presents for others at birthdays or Christmas.
MoneyHelper is part of the Money and Pensions Service.
More in this section
If you're more than 10 years away from retiring we've got some useful information, tools and simple 'jobs to do' to help you make your savings work for you.
If you're less than 10 years from retiring we've got some useful information, tools and activities so you can firm up your plan and go and have a colourful retirement.
Register or log in to Manage Your Account, a simple way to keep track of your pension savings.
Use our tool to think about what your expenses in retirement might be, and how much they could add up to.
Use our quick tool to see where your money goes and where you could make small changes to free up a bit of extra cash.