Pension Contributions Calculator
Enter your current age, retirement age, current pot balance, current annual contritbutions and pot target to see how much more you need to contribute in order to reach your target upon retirement.
Penion Pot Target
£Current Age
Retirement Age
Min. 55Current Pot Balance
£Current Annual Contributions
£Max. £60kFund Fees
% per yearFund Fees Cap
£Max annual fee: £875Results
| Years to Contribute | Total Contributions | Investment Returns |
|---|---|---|
| Years to Contribute N/AThen 0 years of growth | Total Contributions N/AUp to age 35 | Pot Investment Returns N/AAfter fees, over 30 years |
Get an accurate forecast using Saving Tool Advanced
This calculator serves as a general guide for figuring out how to achieve the goals you have for your Defined Contribution pension pots.
To run a full simulation that takes into account your income, outgoings, existing investments and lots more, create a scenario using Saving Tool Advanced. Saving Tool Advanced also support Defined Benefit pensions.
Go to Saving Tool Advanced →Notes
- Focuses on reaching the target but not exceeding it, meaning contributions will automatically stop
- Keeps your contributions the same throughout (until the target is reached)
- Assumes your retirement pot is invested in low-cost index funds, achieving net 5% per year, allowing for 2.5% inflation
Fewer limitations exist using the full Saving Tool Advanced simulation. Something look off? Get in touch to provide feedback.