User guide
Retirement Calculator
Review retirement projections, journey checkpoints and whether you are on track.
What this tool does
Projects your retirement fund, what you will need, journey checkpoints and whether you are on track or facing a shortfall.
Understanding your retirement journey
Tap a number to explore each part of the screen.
Click a marker on the screenshot to learn what each part does.
What you'll have
Estimated pot at your chosen retirement age from savings, contributions and growth assumptions.
Refresh when pension statements arrive or your contribution rate changes.
Understanding inputs
| Current savings | Pensions and investments today. |
|---|---|
| Monthly saving | Contributions until retirement. |
| Retirement age | When you plan to retire. |
| Retirement spending | Monthly income needed in retirement. |
| Return assumption | Growth rate used in projections. |
Understanding results
On track means projected assets meet required fund. Shortfall suggests reviewing savings, retirement age or spending. The journey view links today’s habits to retirement and later years.
Worked example
What you'll have: £1,092,666
What you'll need: £1,085,649
Status: On track
Ahead by: £7,017
Frequently asked questions
What should count as retirement income?
Include workplace pensions, private pensions, investments and other sources you expect.
Does this include State Pension?
Only if you add it in your inputs.
Can I use estimated values?
Yes — refine as you get pension statements.
What if I have a shortfall?
Try higher savings, later retirement or lower spending assumptions in the calculator.
How often should I update?
At least yearly, or after a pay rise, bonus or major life change.
Download MoneyMap Pulse
Try this tool on Android and build your financial picture step by step.
Get it on Google Play