Retirement Planning Calculator

This item is for guidance purposes only

It is not a projection and should not be treated as such.

St. James’s Place plc can accept no responsibility for any loss which may occur as a result of reliance on this information.

It is based on our understanding of current legislation and HMRC practice. It does not constitute legal or taxation advice.

The objective of this calculator is provide an indication of the monthly saving needed to fund the Gap in your required income at retirement and your expected income from existing funds.

This is based upon expected growth rate of the investments, inflation and management fees which have been input.

Current Age

Retirement Age

Gross Annual Income Required

Manually enter

Existing Fund

Manually enter

Growth Rate (%)

To have an
annual pension of

Which is a
monthly pension of

You may need

A pension pot of

Which in today's money is

This means
saving

Pension Pot Value

In Today's Value

Assumptions:

1. Contributions are paid monthly in advance, increasing each year by inflation, for 16 years from your current age until retirement

2. An annuity rate of 6% has been assumed to calculate pension pot at retirement

3. If any Tax Free Lump Sum is to be taken, this will reduce the pension income required.

The figure provided is an example only and not guaranteed - this isn't a minimum or maximum amount. What you will get back depends on how your investment grows and on the tax treatment of the investment. You could get back more or less than this.

The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances