Pension & Later-Life Calculators Pension Drawdown Calculator

Calculator

Pension Drawdown Calculator

Model how your pension pot could grow before retirement and how long it might last during drawdown. Enter your details below to see a year-by-year projection.

Current Pension Fund Value*

Current Age

Planned Retirement Age

The minimum pension access age is currently 55, rising to 57 from April 2028.

Monthly Contribution (until retirement)

Monthly Drawdown (after retirement)

Risk Profile

Balanced — 3% growth 45% equity allocation Moderate — 4% growth 65% equity allocation Dynamic — 5% growth 80% equity allocation Adventurous — 6% growth 100% equity allocation

Annual Costs

Inflation Rate

Fund at Retirement

Age

Total Contributions

Over years

Total Withdrawn

During drawdown

Projection Summary

Growth Rate

Annual Costs

Net Growth Rate

Inflation Rate

Real Growth Rate (after inflation)

Pension Fund Value

This assumes constant growth, costs, and withdrawal amounts throughout. Values shown are nominal (not adjusted for inflation).

Age	Fund Value	Phase

This calculator models your private pension pot only and does not include State Pension income. The 25% tax-free lump sum is assumed to remain in the pot as part of your monthly income. Growth, charges, and inflation are assumed constant.

The value of investments can go down as well as up. You may get back less than you invest. Past performance is not a reliable indicator of future results. Income from investments is not guaranteed.

Accumulation Phase: Each year, your current pot plus annual contributions grow by the net growth rate (growth rate minus annual costs).

Drawdown Phase: After retirement, your pot continues to grow at the net rate, but your annual withdrawal is deducted each year.

Net Growth: The growth rate minus annual costs. For example, 4% growth with 1% costs = 3% net growth.

Inflation: Shown for context — at 2% inflation, £1,000 today is worth approximately £820 in 10 years' time in real terms.

These figures are estimates based on the assumptions you enter. Actual returns will vary. Always seek professional financial advice before making pension decisions.

Your Pension Drawdown Projection

pot, retiring at age , drawing /month

Fund at Retirement

Estimated to Last Until

Age	Fund Value	Phase

Estimates only. Seek professional advice. www.moneyhelpdesk.com

Want help planning your retirement?

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Pension Drawdown Calculator