Free Calculator

UK Pension Calculator

Enter your age, salary, contributions, and employer match to project your retirement pot, estimated monthly income, and how much the State Pension adds. Completely private — nothing leaves your browser.

Educational only. Projections are illustrative estimates. Actual returns will vary. Not financial advice — consult a regulated adviser for personal pension planning.

Your details

£0
estimated pot at retirement
Your contributions
£0
Employer + tax relief
£0
Investment growth
£0
£0Estimated monthly income from pot (4% drawdown)
+£902Full State Pension (2025/26) monthly top-up
£0Combined estimated monthly retirement income
Calculating...

Understanding your projection

This calculator uses compound growth applied monthly to your growing contributions. It accounts for salary increases over time (lifting your contributions) and assumes your employer contribution is a percentage of your full salary throughout. Tax relief at basic rate (20%) is added on top of your personal contribution — if you are a higher rate taxpayer contributing via relief at source, claim the extra 20% through self-assessment.

The single most important rule

Always contribute at least enough to capture your full employer match. If your employer matches up to 5% and you contribute 3%, you are giving up 2% of your salary as free money every year. Maximise the match first — always — before any other financial decision.

Auto-enrolment minimum contributions

Who paysMinimum %Based on
Employee (you)5% (inc. tax relief)Qualifying earnings band
Employer3%Qualifying earnings band
Total minimum8%Between £6,240–£50,270 (2025/26)

Qualifying earnings for auto-enrolment are calculated on the band between £6,240 and £50,270 — not your full salary. So 5% of a £40,000 salary under auto-enrolment is calculated on £33,760, not £40,000. Many better employers use full salary as the basis — check your contract carefully.

The State Pension

The full new State Pension is £221.20 per week (2025/26) — approximately £11,502 per year or £958 per month. You need 35 qualifying National Insurance years to receive the full amount, and 10 qualifying years minimum to receive anything. Check your NI record and State Pension forecast at gov.uk/check-state-pension.

⚠️ The State Pension age is rising

The State Pension age is currently 66, rising to 67 between 2026 and 2028, and provisionally to 68 between 2044 and 2046. The Normal Minimum Pension Age (NMPA) — the earliest you can access a workplace or personal pension — rises from 55 to 57 in 2028. Check gov.uk for the latest confirmed dates as these have been subject to policy review.

Official References
gov.uk — Check your State Pension forecast gov.uk — Auto-enrolment: what your employer must do gov.uk — Tax relief on pension contributions MoneyHelper — Pension basics guide

Salary sacrifice — amplify your pension contributions with income-tax and NI relief · FIRE calculator — when your pension+ISA pots can sustain your spending · Compound interest — how small contribution increases grow over decades · ISA vs GIA — the tax case for maxing both wrappers.

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