Pension calculator

Our Pension calculator can:  

• estimate how much pension income you'll get when you'd like to retire, including from the State Pension, workplace and personal pensions
• compare your estimated retirement income to how much you might need, based on your current income
• show you how your estimated retirement income might change if you:  
  • increase how much is paid into your pension, so you can consider changing your contributions 
  • take your pension earlier or later, so you can compare retiring at different ages 
  • take an upfront tax-free lump sum, so you can see the difference from taking a smaller or larger amount. 

1. Tell us your details, including your salary and the age you’d like to retire. 
2. Enter your pension details, including any workplace or personal pensions you have. 
3. See your total estimated retirement income and how it compares to how much you might need. 
4. See how changing your retirement age or increasing contributions could affect your pension income.

For the most accurate estimate, you’ll need to know: 

• the types of pension you have – you can use our tool to find out your pension type or ask your pension providers 
• how much any defined contribution pensions are currently worth 
• the estimated retirement income from any defined benefit pension 
• how much is paid into your pension each month – often called employee and employer contributions. 

You can usually find this information on your annual statement or by logging in to your pension provider’s online account.

Find out more in our guide How to calculate your estimated pension and retirement income.

Our Pension calculator takes the information you provide and uses certain assumptions about future contributions and investment growth to work out your estimated retirement income. 

This means none of the figures or information are guaranteed and can go down as well as up.