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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

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Annual Income Goal

£25,000.00

Pension Pot

£1,025,000.00

Today's Money

£624,000.00

Date

Jun 2049

Contributions

£1,417.00/mo

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. This calculator is not a reliable indicator of future performance and is intended as an aid to decision-making, not a guarantee. A pension may not be right for everyone. Tax treatment depends on your individual circumstances and may be subject to change in the future. If you are unsure if a pension is right for you, please seek financial advice. Please note that during any transfer, your investments will be out of the market.

Capital at risk. Pension rules apply.

Other useful investment and tax calculators

Need help estimating your investment and tax calculations? We have a range of calculators available to help you gain clarity over your finances and plan for future investments. These calculations are for illustrative purposes only, but you can book a free call with our expert team anytime to discuss your goals and gain more detailed financial guidance.

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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 an annuity rate of 4%.

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. Pension rules apply.

Transfer a pension

Bring your pensions under one roof with Nutmeg.

Transfer a pension

Capital at risk. Pension rules apply.

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. A pension may not be right for everyone and tax rules may change in the future. If you are unsure if a pension is right for you, please seek financial advice. Please note that during any transfer, your investments will be out of the market.