How much should I save for retirement?
Calculate how much you need to save to meet your retirement income goal
Use our free online pension and retirement calculators to help plan ahead. Work out how much you need to save to achieve the retirement you deserve. Will your pensions already fit your needs?
Remember, retirement doesn’t have to be completely dependent on pension income. Consider how other wealth and savings can complement pension income.
UK Pension Contributions
If you’re a UK resident, you will be able to claim tax relief on pension contributions. For those who don’t live in the UK at the moment, or don’t pay tax in the UK; consider alternative savings. Upon returning to the UK, you can contribute the lump sum of savings to your UK pension and claim tax relief!
Take pension planning advice
When you’re ready, engage with a regulated pension adviser to take your planning to the next step. A professional financial adviser has access to high-quality financial tools. Advisers use advanced tools to analyse your policies, calculate your shortfall and project your retirement benefits for the long term. Cashflow planning is a key tool in financial advice. It will bring together all of your wealth into one clean picture.
If you want more information about your planning strategy and options, read our free guidance documents. Our free financial guides are written and prepared by qualified industry professionals.