Your State Pension, your pot, your drawdown. See whether the income holds up against real retirement living standards.
Start here — the calculator is free ▾Tell us about your income sources and pot size. We'll build a clear picture of your retirement finances.
You need 35 years for the full State Pension. Check via your personal tax account on gov.uk.
The full new State Pension is £11,502/year (2024/25). Enter your actual amount if different.
Total value of your defined contribution pension(s).
Leave blank if you don't have one.
Rental income, part-time work, savings interest etc.
How much you want to spend per year in retirement.
Based on Retirement Living Standards 2025/26 research by Loughborough University. Select a standard to pre-fill your spending target, or enter your own above.
Here's a clear view of all your income sources and how they compare to your spending target.
We’ll send a one-time summary. No spam, no mailing list. You can also just screenshot your results.
Two ways to turn your pension pot into income. Neither is right for everyone — here's what matters for your situation.
Typical rates for a 65-year-old are currently around 5–6%. Rates vary by age, health, and provider.
Select an option and we'll show you the practical next steps to implement it.
How you take money from your pension matters. This shows the tax picture for different withdrawal levels.
Up to 25% of your pension pot can be taken tax-free (capped at £268,275 lifetime). You don\'t have to take it all at once — with flexi-access drawdown, 25% of each withdrawal can be tax-free, with the rest taxed as income.
Model your pot with different spending phases, one-off events, inflation, and care costs. All figures are illustrative.
Your default spending from the pot before any adjustments below.
Typical balanced portfolio: 3–5%.
These projections use simplified assumptions. Investment returns vary year to year, inflation fluctuates, and life is unpredictable. Use this as a directional guide, not a plan. Review regularly with a financial adviser.