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Retirement Calculators

Retirement pots, contribution levels and sustainable withdrawal income.

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Retirement Calculator

Enter your age, what you have saved and what you add each month. The projection uses a single average return, so treat the output as a planning range rather than a forecast.

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Understanding retirement maths

Retirement planning has two halves: building a balance, then converting that balance into income that lasts. These calculators model both, so you can see the pot your current contributions are heading towards and the annual income it could reasonably support.

Projections this far out are sensitive to assumptions. Run an optimistic and a conservative return, and treat the distance between the two results as the honest answer.

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Frequently asked questions

What withdrawal rate is sustainable?

Around 4% of the starting balance, adjusted for inflation, is the common planning benchmark. It is a rule of thumb from historical market data, not a guarantee, and a longer retirement argues for a lower rate.

Should employer contributions be included?

Yes. Add them to your monthly contribution figure — matched contributions are part of what is actually invested each month.

How does inflation change the picture?

A pot that looks large in future dollars buys less than the same figure today. Model a real return, roughly the nominal return minus expected inflation, to see purchasing power.

Does the calculator account for state pensions or tax?

No. Government pensions, tax treatment and drawdown rules vary by country and by account type, and all of them change the income you keep.

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Disclaimer

These calculators produce estimates for information and comparison only. Actual figures depend on the provider, fees, taxes, credit assessment and terms that apply to you. Legamoney does not provide financial advice.