£
Saving Tool UK
Saving ToolAdvanced

You've done the maths. Now get the insights.

Discover the financial insights that most people with your income overlook

New
With AI Insights
✓Savings, investment & spending insights specific to your situation
✓Pension contribution and projection analysis
✓Short, medium and long-term focus areas
✓Financial Health Scorecard
Without AI Insights
?Is my emergency fund enough?
?Am I contributing enough to pension?
?Where should I focus my savings?
?What's my biggest financial risk?
New
With AI Insights
✓Savings, investment & spending insights specific to your situation
✓Pension contribution and projection analysis
✓Short, medium and long-term focus areas
✓Financial Health Scorecard
Get My Insights →

Pension Contributions Calculator

Enter your current age, retirement age, current pot balance, current annual contributions and pot target to see how much more you need to contribute in order to reach your target upon retirement.

Pension Pot Target
£
Current Age
Retirement Age
Min. 55
Current Pot Balance
£
Current Annual Contributions
£Max. £60k
Fund Fees
% per year
Fund Fees Cap
£Max annual fee: £875

Results

Years to ContributeTotal ContributionsInvestment Returns
Years to Contribute
N/AThen 0 years of growth
Total Contributions
N/AUp to age 35
Pot Investment Returns
N/AAfter fees, over 30 years

Get an accurate forecast using Saving Tool Advanced

This calculator serves as a general guide for figuring out how to achieve the goals you have for your Defined Contribution pension pots.

To run a full simulation that takes into account your income, outgoings, existing investments and lots more, create a scenario using Saving Tool Advanced. Saving Tool Advanced also supports Defined Benefit pensions.

Go to Saving Tool Advanced →

Notes

  • Focuses on reaching the target but not exceeding it, meaning contributions will automatically stop
  • Keeps your contributions the same throughout (until the target is reached)
  • Assumes your retirement pot is invested in low-cost index funds, achieving net 5% per year, allowing for 2.5% inflation

Fewer limitations exist using the full Saving Tool Advanced simulation. Something look off? Get in touch to provide feedback.