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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Armed Forces (AFPS 75, AFPS 05, AFPS 15) Pension Calculator
What is the Armed Forces Pension Calculator? The Armed Forces Pension Calculator helps serving personnel, veterans and early service leavers understand how their Armed Forces pension works and how it supports retirement income. It models pension entitlement under AFPS 75, AFPS 05 and AFPS 15, shows when payments start, and…
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Lump Sum Investment Calculator (UK)
What is the Lump Sum Investment Calculator? The Lump Sum Investment Calculator helps you decide how to allocate a large one-off sum of money across UK investment vehicles in the most tax-efficient way. It is designed for situations such as a business sale, inheritance, redundancy payout or other windfall, and…
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NHS Pension Early Retirement Reduction Calculator
What is the NHS Pension Early Retirement Reduction Calculator? The NHS Pension Early Retirement Calculator helps you understand how taking your NHS pension before your Normal Pension Age could permanently reduce your income. By modelling your scheme type, retirement age and expected pension, it shows how early retirement affects both…
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25% Tax Free Lump Sum Calculator
What is the Tax Free Lump Sum Calculator? The 25% Tax Free Lump Sum Calculator helps you estimate how much tax-free cash you can take from your UK pension under current Lump Sum Allowance rules. It shows the maximum available 25 per cent, how much of your allowance you have…
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FAD vs UFPLS vs Annuity Comparison Tool
What is the FAD vs UFPLS vs Annuity Comparison Calculator? The FAD vs UFPLS vs Annuity Comparison Tool helps you understand how three common UK pension withdrawal methods compare. By modelling your pension pot, tax position and withdrawal choices, it shows how income, tax and remaining pot value differ under…
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Pension Carry Forward & Annual Allowance Calculator (UK Specific)
What is the Pension Carry Forward & Annual Allowance Calculator? The Pension Carry Forward & Annual Allowance Calculator helps you understand how much you can contribute to your pension today by combining your annual allowance with any unused allowances from the previous three tax years. It shows your total available…