What could your retirement look like?
Explore your projected position at your chosen retirement age, then see how extra monthly contributions could change it. All figures are in today's money.
Your retirement picture
Illustrative spending comparison
Your projected position with your existing contributions.
Minimum
Moderate
Comfortable
The highlighted card shows the highest benchmark reached within this illustration, including any extra contribution below. It does not confirm that this lifestyle can be sustained for life. Benchmarks assume you own your home outright.
What could an extra contribution change?
Move the slider to see how extra monthly pension saving could change your projected position.
Read the assumptions and limitations
Figures are illustrative and in today's money. Pots are projected to your chosen retirement age using constant growth after charges and inflation. Contributions are paid at each month end and assumed to rise with inflation to retain their purchasing power. No withdrawals before retirement are modelled. Actual returns fluctuate and investments can fall in value. The growth slider does not represent the full range of possible outcomes.
The illustration covers one year's income at your retirement age. It assumes your schemes permit access then; eligibility is not checked. The initial annual withdrawal is 4% of the entire projected pot. This is a modelling assumption, not a recommended or guaranteed sustainable rate. All withdrawals are treated as taxable. No tax-free lump sum or annuity is modelled. Taking a lump sum would reduce the remaining invested pot.
Other pension income must be the amount payable at your chosen age, before tax and in today's money. No early retirement reductions are calculated automatically. State Pension is included only if its entered start age is at or before retirement. No later income changes, deferral increases or bridging strategy before State Pension starts are modelled.
Estimated tax uses 2026/27 England, Wales and Northern Ireland pension income rates, the standard Personal Allowance and its income-related reduction. Scottish rates are not modelled. Assumes no other taxable income, allowances or reliefs. Tax thresholds are held fixed in today's money for illustration; future rules may differ. No tax relief or employer payments are added beyond the contributions entered. Contribution allowances and eligibility for tax relief are not assessed.
One-person Retirement Living Standards: Minimum £13,900, Moderate £32,700 and Comfortable £45,400 annual expenditure. These are spending benchmarks, not gross income targets or a personalised budget. They assume outright home ownership. Rent, mortgage payments, care costs and personal circumstances may increase what you need. Amounts checked on 21 October 2026. View the source.
This calculator does not assess how long your pension will last. Investment performance, the order of returns, inflation, charges, withdrawals and longevity affect outcomes. Highlighting a benchmark does not confirm retirement adequacy. This is general information, not personal financial advice.
Are you saving enough for the retirement you want?
The Pensions Commission reported in May 2026 that around 15 million people are undersaving for retirement, while 45% of working-age adults are not currently saving into a pension.
But what does “enough” look like for you?
The calculator shows how extra contributions could grow. Your pension is only one part of your wider financial picture. Savings, investments, property, mortgages and other commitments can all influence when you can retire and the lifestyle you can afford.
Understanding whether you’re on track means looking at these together, alongside your expected State Pension and what you want your retirement to look like.
At Rapidus Wealth, I can help you bring those pieces together, identify any potential shortfall and explore practical steps towards your goals.
You’ve explored the numbers. Let’s make them personal.
Book a complimentary, no-obligation discovery call with Daniel O’Sullivan, Independent Financial Adviser at Rapidus Wealth.
Assumptions and important information
An illustration, not a forecast
This calculator provides a simplified illustration to help you explore retirement saving. It does not provide personal financial advice or confirm that you are saving enough.
Figures are in today’s money
Projected pension values, contributions and income are expressed in today’s money. Monthly contributions, including any additional contribution, are assumed to increase with inflation to maintain their purchasing power.
Pension growth and contributions
Your current pension pot remains invested until your chosen retirement age. Contributions are paid at the end of each month. The selected growth rate is constant and is after charges and inflation. Actual returns fluctuate, and investments can fall as well as rise. The growth slider does not represent the full range of possible outcomes.
Contribution amounts should include any employer payments and tax relief entering your pension. The calculator does not add these automatically or assess contribution allowances and eligibility for tax relief.
An initial 4% withdrawal
Illustrative annual withdrawals equal 4% of your projected pension pot at retirement. This is a modelling assumption, not a recommended or guaranteed sustainable withdrawal rate.
The calculator illustrates one year’s income at your chosen retirement age. It does not model subsequent withdrawals or assess how long your pension will last.
Tax-free cash
No tax-free cash is modelled. All withdrawals are treated as taxable income. Taking a tax-free lump sum would reduce the pension pot remaining available to provide income. No annuity purchase is modelled.
State Pension and other pension income
Enter these amounts before tax and in today’s money. State Pension is included only where the start age entered is at or before your chosen retirement age.
Other pension income must be the amount payable at your chosen retirement age, allowing for any early retirement reductions. These reductions are not calculated automatically.
The illustration assumes included pension income is payable for the full illustrated year. It does not model later income changes, State Pension deferral increases or funding needed before State Pension starts. Check your own pension access eligibility.
Estimated income tax
The calculation uses 2026/27 England, Wales and Northern Ireland income tax rates, including the standard Personal Allowance and its income-related reduction. Scottish income tax rates are not modelled.
It assumes no other taxable income, allowances or reliefs. Current tax thresholds are held fixed in today’s money for this illustration. Future tax rules and thresholds may differ.
Retirement Living Standards
The one-person annual spending benchmarks used are:
Minimum: £13,900
Moderate: £32,700
Comfortable: £45,400
These are expenditure benchmarks, not gross income targets or a personalised budget. They assume you own your home outright. Rent, mortgage payments, care costs and your personal circumstances may increase what you need.
A highlighted benchmark means the illustrative income reaches that spending level in the year modelled. It does not confirm that the lifestyle can be sustained throughout retirement.
Source: Retirement Living Standards. Benchmark amounts checked on 21 October 2026.
Your actual retirement needs
Investment performance, the order of returns, inflation, charges, withdrawals and longevity can all affect outcomes. A personal retirement plan requires a fuller assessment of your finances, circumstances and objectives.