What sort of retirement can I afford?

Pension drawdown calculator

Our drawdown calculator shows you whether your existing retirement income is sustainable given your current level of investments and any potential growth. It will also show you how much to save to meet your retirement goals.

Need help with your retirement plan?

Before you begin

This is based upon certain assumptions and expected growth rate of the investments which has been input.
Please review the assumptions and certain risk warnings found within relevant sections within the calculator.

Your current situation

Male

Female

What is your sex?

What is your date of birth?

Format DD/MM/YYYY

Age on your next birthday

What rate of tax do you pay?

At what age do you plan to retire?

Years funding

How much is your existing pension fund?

Growth rate

Projected Fund

Your future situation

Life expectancy age

Expected tax paying rate at retirement

Net 'income' required in today's value

Gross 'income' required in today's value

Projected Fund required

Your shortfall

Below outlines the additional money you will need to get you to the required fund for retirement.

Gross regular contribution per month

Contribution p/m net of income tax

Your Withdrawal Breakdown

Withdrawals are assumed to be taken annually at the start of the year.

Withdrawal Summary

The withdrawal values are in today’s terms, allowing for inflation.

Age	Withdrawal	Fund remaining

If you would like to explore the options available to you on how you can best draw an income from your retirement savings. Complete your details below to arrange a consultation with one of our Financial Professionals.

Charles Stanley is not a tax adviser. The information provided here is based on our understanding of current UK legislation, taxation, and HMRC guidance. References to tax reliefs and allowances are correct at the time of publishing but can change in the future. Tax treatment depends on the individual circumstances of each person or entity and could also change in the future. If you are in any doubt, you should seek professional tax advice.