Pension calculator

Pensions are complicated – made unnecessarily more so by technical jargon and unwieldy explanations. Our retirement calculator is here to change all that. Want to know what it’ll take to reach your desired retirement income? Try our pension calculator.

Calculate my pension

As with all investing, your capital is at risk. This calculator is not a reliable indicator of future performance and is intended as an aid to decision-making, not a guarantee.

Capital at risk. Pension rules apply.

Most people ask us...

What should my retirement goal be?

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.  

How does the pension calculator work?

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 2020/21) will remain as is, meaning any contributions over the limit will be taxed at 55% when you withdraw.

Why should I choose a Nutmeg pension?

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. 

Still not answered your question? Take a look at our pension FAQs

Try Nutmeg

Select an investment style and risk level and our in-house investment team will manage a globally diversified portfolio on your behalf.

Open a pension

Start a Nutmeg pension in minutes with just £500.

Open a pension

Capital at risk.

Transfer a pension

Bring your pensions under one roof with Nutmeg.

Transfer a pension

Capital at risk.

As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Pension rules apply.