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Our easy-to-use Retirement Calculator

Do you want to know how much your pension could be worth when you retire? By finding out how much income you could get from your pension, you can see if you’re on course to enjoy the kind of retirement you want and the lifestyle you deserve.

That’s why we’ve come up with an easy-to-use Retirement Calculator to help you, so you can see what steps you need to take to achieve your goals and make the most of your retirement years.

Our friendly team of specialist financial advisers can help you make the most of your pension savings and investments, so if you find you could be saving more or believe your money could be working harder for you, we can talk you through the options that are open to you.

Retirement Calculator

This item is for guidance purposes only.

It is not a projection and should not be treated as such.

St. James’s Place cannot accept responsibility for any loss which may occur as a result of reliance on this information.

It is based on our understanding of current legislation and HMRC practice. It does not constitute legal or taxation advice.

The objective of this calculator is to provide an indication of the monthly savings needed to fund the gap in your required income at retirement and your expected income from existing funds.

This is based upon expected growth rate of the investments, inflation and management fees which have been input.

The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.

Fields marked with an * are required

Your full name*
Your phone number*
Your email*
Your date of birth*
Your retirement age*
Income required after tax*
Existing fund*
Growth rate (%)
Have you ever been part of a final salary/defined benefit pension scheme?
To have an annual pension of
Which is a monthly pension of

You may need

A pension pot of

Which in today's money is

This means saving
Some of this monthly saving may already be covered by your existing pension contributions.

If you would like to speak to someone about your results click here to book a meeting.

Edit management fee and inflation assumptions

Pension pot value

In today's value

 

Assumptions:

  • Contributions are paid monthly in advance, increasing each year by inflation, for 16 years from your current age until retirement.
  • An annuity rate of 6% has been assumed to calculate pension pot at retirement.
  • If any Tax Free Lump Sum is to be taken, this will reduce the pension income required.
  • The figure provided is an example only and not guaranteed - this isn't a minimum or maximum amount. What you will get back depends on how your investment grows and on the tax treatment of the investment. You could get back more or less than this.
  • The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.
  • The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.