<Pensions

Pension drawdown calculator

See how long your pension could last you in retirement

Use our pension drawdown calculator to figure out how many years your pension might last if you take out money each year while keeping the rest invested.
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Get a more accurate estimate by answering these questions

THIS CALCULATOR ONLY GIVES AN ESTIMATE BASED ON A FUND GROWTH OF 3% AND DOES NOT INCLUDE PROVIDER COSTS. CONTRIBUTIONS, DEDUCTIONS AND STATE PENSION PAYOUTS ARE ASSUMED TO RISE IN LINE WITH INFLATION. AS A UK DEFINED CONTRIBUTION PENSION, NO TAX HAS BEEN APPLIED TO GROWTH OR MONEY PAID IN. MONEY WITHDRAWN FROM YOUR PENSION AS INCOME IS TAXED AS SUCH.

Compare our best private pension schemes

Compare our best private pensions from some of the UK's leading providers.
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See if you could save on fees by transferring to a new pension provider.
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Self-invested personal pensions (SIPPs) give you total control over your retirement savings, letting you put your money exactly where you want it.
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The right income drawdown pension can help you stay invested to get the best value possible from your retirement savings pot.
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Pensions are long term investments. You may get back less than you originally paid in because your capital is not guaranteed and charges may apply.

Explore private pension and retirement guides

Learn how different sorts of pensions work and how much you should be saving with our in-depth guides.
How does the State Pension work?
How does the State Pension work?
Is it ever too late to start a pension?
Is it ever too late to start a pension?
Can you transfer your pension?
Can you transfer your pension?
Find more guides here