Pension Calculators
Published / Last Updated on 17/05/2021
Use our calculators to help you plan for your retirement.
- Annual Allowance Calculator
- Female State Pension Calculator
- Lifetime Allowance Calculator
- Monthly Premiums Calculator
- Pension Lump Sum Calculator
- Pension Millionaire Calculator
They will help you to work out:
- How much you can save
- How much you should be saving
- What allowances you have used up
- Even how much is needed to be a pension millionaire
We hope you find them useful.
If you cannot find the calculator you need take a look at all our calculators.
1. Regular Pension Calculator
Use our monthly pension calculator.
Why Save Regularly in a Pension?
Pension funds grow in a tax efficient environment with virtually no taxes deducted from the growth
By saving regularly into a pension, it is more manageable on your monthly budget
By making regular pension savings you are preparing for your future.
Tax Relief on Regular Private Pension Payments
- If you save 80p, with 20p tax relief it is made up to £1 (20% tax relief at source)
- If you are a Higher Rate Tax payer, you can claim additional tax refunds via your self assessment tax return.
Company Pension Gross Pay Tax Relief
- Your regular pension payments are usually collected from your gross salary before tax
- This means you have instantly received tax relief on the whole amount your paid in instantly before tax, tax relief is instant.
Pound cost averaging
- By saving regularly, you smooth out investment risks.
- When markets fall, it means you have buy more units/shares each month with your pension fund.
- This can mean when markets rise, because you bought more units at a cheaper price, your pension fund grows exponentially bigger when markets rise.
Read: How Much to Save in a Pension Watch: How much to Save in a Pension)
2. Pension Annual Allowance Calculator
Promotion, pay rises and bigger pension entitlements of just over £2,500pa could mean big tax bills as the annual allowance reduced to £40,000 in April 2014. More people will pay more tax. There are ways to protect pensions and manage/reduce your tax liabilities. Book a callback today with our pension experts.
3. Pension Lump Sum Calculator
Use this pension calculator to work out how much income a lump pension investment may give.
(More on Pension Calculation: Read: How Much to Save in a Pension Watch: How much to Save in a Pension)
4. Million Pound Pension Fund Calculator
Million Pound Pension Calculator
Fun pension calculator to work out how to be a pension millionaire.
(More on Pension Calculation: Read: How Much to Save in a Pension Watch: How much to Save in a Pension)
5. Pensions Lifetime Allowance Calculator
Calculate how much of the Lifetime Allowance you have left. The Lifetime Allowance reduced to £1.25m in April 2014. More people will pay more tax. There are ways to protect pensions and manage/reduce your tax liabilities using HMRC Individual Protection 2014 and Fixed Protection 2014. Book a callback with our pension experts.
6. Our Complete Range of Finance Calculators.
Pensions
- Monthly Pension Calculator
- Pension Millionaire Calculator - How much do you need to save to be a millionaire?
- Pension Lump Sum Calculator
- Pension Lifetime Allowance Calculator
- Pension Annual Allowance Calculator
Savings, Investment and Tax
- Millionaire Calculator
- Lump Sum Investment Calculator
- Regular Savings Calculator
- Inheritance Tax Calculator
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