A quick and easy way to calculate the cost of a pension based on your age and how much you want to save each month. The figures provided by this calculator are for illustrative purposes only. Calculations are only a guide and cannot be guaranteed. Actual figures will vary in individual circumstances.
Complete the information required and click the 'Calculate' button.
Current age - (e.g. 40):
Retirement age - (e.g. 65):
Male or female:
Monthly pension payment - (numeric format - e.g. 150): (Maximum of £300)
Estimated retirement fund:
Estimated pension:
This calculator does not take into account what you may receive in State benefits or from any other source. These figures are based on a Stakeholder Pension and assume a yearly investment growth rate of 7% with fund charges of 1% each year.
This calculator assumes you are a basic rate tax payer and that tax relief will be added to the payment you pay. The payment shown is the actual amount you would pay.