Pension Calculator
Expert pension advice on all your pension options, pension calculations
and pension contribution plans
Use our pension calculator to help you understand the level of contributions you need to be making in line with your retirement aspirations.
If you are nearing retirement or are nervous about your current pension pot, we are here to help. It is never too early to start and never too late to review your pensions.
Visit our pension page for more information on how we can help you with your pension planning.
How much should I contribute to my pension?
It is estimated very few of us realise just how much we need to be saving into our pensions and the level of income our pensions will provide.
Below gives an approximation (based on continuous contributions, growth rate and inflation rate) to offer an illustration as to the level of contributions made over different periods of time and the income they will bring:
| Age start saving into your pension | Income per annum * | Retire at 60, savings needed per month | Retire at 70, savings needed per month |
| 22 | Minimum £10,900 | 65 | 35 |
| 22 | Moderate £20,900 | 480 | 260 |
| 22 | Comfortable £30,600 | 1,020 | 555 |
| 40 | Minimum £10,900 | 140 | 65 |
| 40 | Moderate £20,900 | 1,030 | 480 |
| 40 | Comfortable £30,600 | 2,180 | 102 |