Pension Decumulation

Drawdown calculator

Our calculator aims to provide an indication of the monthly pension contribution needed to fund the shortfall in your required pension income at your selected retirement age taking into account your existing pension funds, and the sustainability of that required pension income during retirement.

Find out more

Calculate if you can afford the retirement you want

If you would prefer to discuss your potential pension shortfall requirements with an expert, get in touch.

0207 739 8200 (Open Mon-Fri, 9am-5pm)

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

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 an expert in our Foundation Planning team.

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Charles Stanley is not a tax adviser. Information contained within this page is based on our understanding of current HMRC legislation. Tax reliefs and allowances are those currently applying and the levels and bases of taxation can change. Tax treatment depends on the individual circumstances of each person or entity and may be subject to change in the future. If you are in any doubt, you should seek professional tax advice.