We’ve developed this tool to help you assess the estimated future value of your personal pension plans and how much income they may provide you with in retirement. This will allow you to include the basic state pension but will not include any other benefits. It will only take a few minutes to complete. It may be beneficial to have your current pension statement(s) to hand.
What this tool will provide:
What you need to include:
What you need to consider:
This tool is designed to reflect your possible retirement income based on the information you have provided us with. This tool will illustrate possible levels of income under the two most commonly used products, an annuity and income drawdown. For more information on these products, please visit our Retirement Centre. It is not advice and should not be used as the basis for making any retirement decisions. Before you make any decisions, we strongly recommend you talk to a financial adviser. If you don't already have an adviser, you can find one in your area using www.unbiased.co.uk.