Important — Please Read
This tool is provided strictly for illustrative and educational purposes only.
It does not constitute financial advice, investment advice, pension advice, tax advice, or any other form of regulated advice under the
Financial Services and Markets Act 2000 or any other applicable legislation. The author of this tool is not authorised or regulated by the
Financial Conduct Authority (FCA) or any other regulatory body.
All projections, figures, and outputs generated by this tool are hypothetical estimates only and are based on assumptions
you provide together with simplified mathematical models. They do not account for all real-world variables including, but not limited to:
changes in tax legislation, changes to pension rules or allowances, changes to state pension entitlement or age, investment risk, inflation
variability, fund charges and management fees, annuity rates, benefit crystallisation events, the Money Purchase Annual Allowance (MPAA),
the Lifetime Allowance (or its abolition and any transitional protections), employer contributions, salary sacrifice arrangements,
defined benefit pension entitlements, or personal circumstances such as ill health, early death, or changes in employment.
Past performance of investments is not a reliable indicator of future results. The value of a pension
can go down as well as up. You may get back less than you put in. Growth rate assumptions entered into this tool are not guaranteed
and actual returns may differ materially from those projected.
The state pension figures and ages used are based on information available at the time this tool was created and may not reflect
future legislative changes. Your actual state pension entitlement depends on your National Insurance contribution record and
should be verified via your personal State Pension forecast at gov.uk/check-state-pension.
All calculations are performed locally in your browser. No data is stored by this tool or its author.
If you use the 🔗 Copy share link feature, your inputs (including date of birth, pension value, and all other
figures) are encoded directly into the URL. No data is sent to any third-party service — the link is generated entirely within your browser.
Anyone you share the link with will be able to see all the inputs encoded in it, so only share it with people you trust.
If you do not use the share link feature, no data leaves your browser.
The tool is provided "as is" without any warranty of accuracy, completeness, or fitness for
any particular purpose. The author accepts no liability whatsoever for any decisions made, or actions taken, in reliance on
the outputs of this tool.
You should always seek independent, regulated financial advice before making any pension or investment
decisions. A qualified financial adviser can be found via the
Unbiased or
VouchedFor directories, or through the
MoneyHelper service (formerly the Money Advice Service),
which offers free, impartial guidance. Pension Wise, available through MoneyHelper, offers free government-backed guidance
specifically for those aged 50 and over with a defined contribution pension.
For illustration purposes only · Not financial advice · Calculations run locally · Share links generated in your browser — no data sent to third parties