Pension calculator

If you’re thinking about saving for retirement, contributing to a pension could greatly improve your quality of life after work. How much depends on what you’re willing to contribute and how your investments perform. That second part is where we come in. By understanding what you can afford, you’ll be able to make smarter choices when planning for the future.  

If you want to know how much you’ll need to invest each month, or how long it could take to reach your retirement goal, our retirement calculator will give you the estimated final value of your pension pot, how much it could be worth in today’s money, and how much you’ll need to contribute each month to reach that goal.

Your projected monthly personal contributions could be less, as you may benefit from a government top up. For the purposes of this pension forecast, we've assumed you'll increase your contribution in line with inflation. We’ve also assumed the £1,073,100 lifetime allowance (as of tax year 2022/23) will remain as is, meaning any contributions over the limit will be taxed at 55% when you withdraw.

At Nutmeg, we don’t hide behind complex pricing structures or financial jargon. We keep it simple. We give you 24/7 access to your account and keep regular contact to explain where your pension is invested and how it’s performing.

Open or transfer a Nutmeg account in minutes and we’ll automatically add the 25% tax relief from HMRC the moment you make a contribution. Choose your investment style and risk level and our in-house investment team will manage a globally diversified portfolio on your behalf.