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Retirement planner tool

Use our retirement planning tool to experiment with the income you could achieve in retirement.

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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.