Pension Calculators
Plan your pension strategy with UK-focused tools. Model SIPPs, workplace pensions, tax-free lump sums and withdrawal strategies to optimise your retirement income.
💎Understanding UK Pensions
UK pensions come in many forms: State Pension, workplace defined benefit schemes, defined contribution pensions, and SIPPs. Each has different rules around contributions, tax relief, access age and withdrawal options. These calculators help you navigate the complexity.
📊How these calculators help
Our pension calculators model UK tax rules, contribution limits, tax-free lump sums, and withdrawal strategies. They help you understand when you can access your pension, how much tax you’ll pay, and how to optimise your pension strategy alongside ISAs and other investments.
Your Pension Journey
A typical pension planning path involves several key milestones. Use our calculators to track your progress at each stage.
Calculate Your Tax-Free Lump Sum
Work out how much tax-free cash you can take from your pension and understand how it affects your remaining pension pot.
Compare Withdrawal Strategies
Model different ways to access your pension—Flexible Access Drawdown, UFPLS, or Annuity—to find the best approach for your needs.
Check Your State Pension
Understand your State Pension entitlement, identify any gaps in your National Insurance record, and see how it fits with your private pensions.
Optimise Your Pension Mix
Model how defined benefit and defined contribution pensions work together, and plan your contributions to maximise tax efficiency.
Start with these popular calculators
These six tools are the best starting point for understanding your pension options. They help you calculate tax-free lump sums, compare withdrawal strategies, and optimise your pension contributions.
25% Tax-Free Lump Sum Calculator
Calculate how much tax-free cash you can take from your pension and see how it affects your remaining pension pot and future income.
FAD vs UFPLS vs Annuity Comparison Tool
Compare Flexible Access Drawdown, Uncrystallised Funds Pension Lump Sum, and Annuity options to find the best withdrawal strategy for your needs.
State Pension Gap Calculator
Check your State Pension forecast, identify gaps in your National Insurance record, and see how much you need to contribute to get the full amount.
Hybrid Pension (DB + DC) Retirement Calculator
Model how defined benefit and defined contribution pensions work together to provide your retirement income, accounting for different access ages and tax treatment.
Minimum Pension Retirement Calculator
Work out the minimum pension pot you need to retire, accounting for State Pension, tax-free lump sum, and realistic withdrawal rates for UK retirees.
Pension Annual Allowance Calculator
Calculate how much you can contribute to your pension each year while maximizing tax relief, including tapered and money purchase annual allowances.
Getting Started with Pensions
New to pension planning? Follow this step-by-step guide to start optimizing your pension strategy.
- Check your State Pension – See your forecast and identify any gaps in your National Insurance record that need filling.
- Calculate your tax-free lump sum – Work out how much cash you can take tax-free and how it affects your remaining pension.
- Compare withdrawal strategies – Use the FAD vs UFPLS vs Annuity Comparison Tool to find the best way to access your pension.
- Model your pension mix – If you have both DB and DC pensions, use the Hybrid Pension Calculator to see how they work together.
- Optimise contributions – Use the Pension Annual Allowance Calculator to maximise tax relief while staying within limits.
- Refine your plan – Use other calculators to model tax optimisation, withdrawal strategies, and how pensions fit with ISAs and other investments.
All Pension calculators
Browse all pension calculators. These tools help you understand UK pension rules, calculate tax-free lump sums, compare withdrawal strategies, and optimise your pension contributions alongside other investments.
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Retire Abroad Tax Impact Calculator (UK)
What is the Retire Abroad Tax Impact Calculator? The Retire Abroad Tax Impact Calculator helps UK residents compare how retirement tax outcomes may differ across countries. It models your pensions, investments and spending year by year to show how income tax, capital gains tax, wealth taxes and ISA treatment could…
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Retirement Risk Calculator (UK)
What is the Retirement Risk Calculator? The Retirement Risk Calculator checks whether your pension pot is likely to last to your chosen age and highlights the key risks that could derail your plan. It goes beyond simple averages by stress-testing your retirement against market volatility, inflation, longevity and sequence risk.…
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Retirement Savings Catch-Up Calculator (UK)
What is the Retirement Savings Catch-Up Calculator? The Retirement Savings Catch-Up Calculator helps you work out how much you need to save each month to reach your retirement target if you’re behind. You enter your current holdings in the Investments section (Pension, GIA, ISA) and your goal (target pot or…
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Pension Drawdown vs Annuity Calculator (UK)
What is the Pension Drawdown vs Annuity Calculator? The Pension Drawdown vs Annuity Calculator helps you compare two main retirement income options: buying an annuity (guaranteed income for life) or using pension drawdown (flexible withdrawals from your pot). It shows annual income, cumulative totals, break-even analysis, and year-by-year projections so…
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Time to Financial Independence Calculator (UK)
What is the Time to Financial Independence Calculator? The Time to Financial Independence Calculator helps you calculate how many years until you reach financial independence (FI). Financial Independence means your savings can support your annual expenses using a safe withdrawal rate, allowing you to stop working if you choose. The…
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SIPP Contribution Calculator (UK)
What is the SIPP Contribution Calculator? The SIPP Contribution Calculator helps you calculate your Self-Invested Personal Pension (SIPP) contributions and optimise your tax relief. It shows how much tax relief you’ll receive, tracks your annual allowance usage (£60,000), and projects your pot growth to retirement. The calculator accounts for basic…