Pensions shortfall calculator

Explore whether there may be a shortfall between your pension savings and retirement income needs.

About You

yrs
1875
yrs
5580
yrs
65100

Current Pension Savings

£
£0£1m
£
£0£5k/mo
% p.a.
0%12%
% p.a.
0%8%

Retirement Income Needs

£
£5k£150k
£
£0£15k
£

Retirement Projection

Projected Pot at Retirement
—
nominal value
Pot Needed
—
to fund your retirement
Shortfall
—
Projected pot vs target
£0
Existing pot (today) Contributions & growth Shortfall remaining Target pot
Retirement Income Breakdown (Annual)
Desired income—
State pension from age 67—
Required from private pension—
Projection Detail
Years to retirement—
Years in retirement—
Current pot value—
Future value of existing pot—
Future value of contributions—
Total projected pot—
Pot required at retirement—
Surplus / shortfall—

Growth Rate Scenarios

Suggested Actions

All projections are illustrative estimates only and do not constitute financial advice. Investment returns are not guaranteed — actual growth may be higher or lower than assumed. Inflation assumptions significantly affect outcomes. State Pension figures are based on the 2025/26 full new State Pension of £11,973/year, payable from age 67. Annuity rates are indicative only. Always consult a regulated financial adviser or pension specialist before making decisions about your retirement savings.

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