Pension Pot at Retirement (UK)
Project the value of your pension pot at retirement based on your current pot, monthly contributions, and an assumed growth rate. This is an illustration to help you plan, not a guarantee of future returns.
Your details
The total value of your pension pot today
Your total monthly contribution (including any employer contributions)
No one can predict future returns. A range of 4-6% is commonly used for illustrations. This rate does not account for inflation or charges.
Your results
Your figures appear here as you fill in your details.
This is an illustration only and does not guarantee future returns. Investment values can go down as well as up. The growth rate selected does not account for investment charges or inflation. Your actual pension pot at retirement could be higher or lower than shown. This is not financial advice.
How this works
This calculator projects your pension pot using the compound interest formula with regular monthly contributions.
Formula: FV = PV(1+r)^n + PMT x ((1+r)^n - 1) / r
Where:
- FV = future value (projected pot)
- PV = present value (your current pot)
- r = monthly interest rate (annual rate / 12)
- n = number of months until retirement
- PMT = monthly contribution amount
The growth rate you select is applied monthly (divided by 12). This is a simplified model that assumes:
- Constant monthly contributions
- Constant growth rate
- No charges or fees deducted
- No inflation adjustment
Real pension returns will vary year to year. This illustration helps you understand the power of regular contributions and compound growth over time.
Last updated . Figures are UK-specific — check current rates on GOV.UK before acting.