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Estimating my retirement income

You might already have an idea of what your retirement looks like, in terms of what you want to do and how you want to live. But without preparing in advance, you may underestimate how much you will need to secure that future.

To help you work out what kind of retirement income you’re likely to get as it stands, and how that differs from your ambitions, we suggest estimating your income using the Money Advice Service pension calculator.

Just add a few details in the calculator below – balancing the things you may want with the things you will need – to explore how you might need to adapt your savings approach. 

Pensions Calculator

The Money Advice Service pension calculator is useful for an overall estimated income from potentially all sources of income including your pension pots. If you are looking for an estimate of what you’ll get from your Nest pension specifically, then use our Nest Pension Calculator.

See how you can grow your pension pot

Don’t be disheartened if your current retirement savings plan won’t support the kind of retirement you want to have. It’s never too late to make simple changes that will help your pension grow.

Last updated: 10/20

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