Pension
Calculator
Use One of
These Free Pension Calculators to Work Out What Your
Pension is Worth Now & Will Be Worth in the Future.
Free Pension Calculators.
The Pension Calculator is a
tool to help you work out how much retirement income
you might receive from the amounts you save.
Over time, inflation will reduce
the buying power of money. Because you will want
some idea of what your pension will actually buy
when you retire, the pension income estimates in the
Pension Calculator take inflation into account at
2.5% a year.
For example, in 20 years' time,
£1,000 will buy only the same as £600 today,
assuming inflation of 2.5 per cent a year.
So, the Pension Calculator
works out what the real buying power of your
estimated pension income will be when you retire.
This is sometimes referred to as 'today's prices'.
There are a
number of companies who offer free Pension
Calculators. Just enter the details into the
Pension Calculator to find out what you can expect
from your Pension.
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