Pension Drawdown Calculator

How it works

Enter your current pension details to see how much you could have at retirement and what your monthly income might be. You can choose to take up to 25% as a tax-free lump sum.

Current Age

Your current age in years

Retirement Age

When you plan to retire

Current Pension Pot

Your current pension pot value

Monthly Contribution

How much you contribute monthly

Pre-Retirement Return (%)

Expected annual growth rate before retirement (typically 5-7%)

Post-Retirement Return (%)

Expected annual growth rate after retirement (typically 2-4%)

Tax-Free Lump Sum (%)

Percentage to take as tax-free lump sum (max 25%)

Drawdown Method

Percentage of remaining pot

Fixed amount per year

Drawdown Rate (%)

Annual withdrawal rate from remaining pot (4% is common)