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Retirement Savings Calculator

How much should you be saving for retirement?

Calculate how much you should be saving for your retirement. The figures provided by this calculator are for illustrative purposes only. Calculations are only a guide and cannot be guaranteed. Actual figures will vary in individual circumstances.

Complete the information required and click the 'Calculate' button.

Note: do not use "," or "£" in the input fields, move through the fields using the TAB key

Enter your age
Enter your retirement age  
Enter the age you expect to live to
Enter the annual, net of tax, retirement income you would like (£)
Likely average inflation rate (%)
Percentage investment return, net of tax, during retirement (%)
Percentage investment return, net of tax, saving up to retirement (%)
Current savings (£)
Current monthly savings (£)
Lump sum required in today's money at retirement (£)
Lump sum to invest today to achieve retirement income (£)
or, Monthly savings that will achieve your retirement income goal (£)

Amounts shown assume interest is paid without the deduction of tax.

Results are for your general information and use only and are not intended to address your particular requirements. Results should not be relied upon in their entirety and shall not be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate results and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of using this calculator. Thresholds, percentage rates and tax legislation may change in subsequent finance acts. Levels and bases of and reliefs from taxation are subject to change and their value depends on the individual circumstances of the investor. The value of your investments can go down as well as up and you may get back less than you invested.