Retirement Income Calculator

About You

Age at Retirement

yrs

5080

Life Expectancy

yrs

65100

Inflation Rate

% p.a.

0%8%

Retirement Income Sources

Pension Pot at Retirement

£0£2m

Drawdown / Growth Rate (net of charges)

% p.a.

0%12%

State Pension (annual)

£0£15k

Defined Benefit Pension (annual)

£0£50k

Rental / Other Income (annual)

£0£50k

Retirement Spending

Target Annual Spending

£5k£150k

Spending adjusts with inflation?

Drawdown Strategy

Retirement Income Summary

Total Annual Income

—

year one of retirement

Monthly Income
—
year one equivalent

Annual Surplus / Shortfall

—

income vs spending

Retirement Length

—

years to fund

Pot Depletes

—

at current withdrawal rate

Total Retirement Spending

—

cumulative over retirement

⚠️ Pot depletion risk: At your current spending level your pension pot is projected to run out before your target life expectancy. Consider reducing withdrawals, deferring retirement, increasing your pot, or taking financial advice.

Annual income by source (year one)

State Pension Pension Drawdown

Income Source Breakdown

Pot & Income Over Retirement

Pension pot Total income Annual spend

Detailed Income Breakdown (Year One)

State Pension—

Pension pot drawdown—

Defined Benefit pension—

Rental / other income—

Total gross annual income—

Target annual spending—

Annual surplus / shortfall—

PLSA Retirement Living Standards

Drawdown Rate Scenarios

Retirement Planning Insights

Year	Age	Pot Value	Drawdown	Other Income	Total Income	Spending	Surplus

This calculator provides illustrative estimates only and does not constitute financial advice. Investment returns and inflation are assumed constant — actual outcomes will vary. The State Pension figure used is the 2025/26 full new State Pension (£11,973/year). Income tax in retirement is not modelled but will reduce net income depending on total receipts. Annuity rates are indicative only. PLSA Retirement Living Standards are for a single person, 2025. Always consult a regulated financial adviser before making decisions about retirement income.