Retirement readiness planner
Three questions decide everything: what will your pot be worth, what income do you want, and what's the difference? Every figure below is shown in today's money — growth is adjusted for the charges and inflation you enter, so the numbers mean what they look like. Your entries stay on this device.
Readiness
74%
Halfway. Worth acting while you still have years on your side.
Projected pot at 67
£253,888
Pot you'd need
£450,750
Income from the pot
£10,156 a year
Guaranteed income
£11,970 a year
Total retirement income
£22,126 a year
Monthly income
£1,844
Estimated tax on it
£1,911 a year
After-tax income
£20,214 a year
Annual shortfall
£7,874 a year
Extra needed each month
£377
Tax estimated from mySal's live rules: United Kingdom · tax year 2026/27 · HMRC — Income Tax rates and NI thresholds. Rates update as soon as they change, so this figure follows the latest published bands.
How the pot is built
- Years of saving left
- 32
- Total paid in
- £178,600
- Growth on top (after charges & inflation)
- £75,288
- Real growth rate used
- 1.85% a year
Estimates only, in today's money. They assume steady contributions and steady returns, which no real market delivers. Re-run this yearly rather than trusting one snapshot — and treat it as a conversation starter, not regulated advice.
Levers you control
- Contribute more — check what it truly costs your take-home on the pension contribution page.
- Cut charges — drop 0.6% to 0.2% above and watch the projected pot move.
- Work a little longer — add two years to the retirement age for the biggest single swing in this model.
- Lower the target — compare living costs elsewhere with the cost of living tool.
Where to next?
Back to the retirement hubGuides, state pension facts and the full retirement toolkit.
Back to your mySal home