FinancialFree ToolNo Sign-up Required
Retirement Calculator
Plan when you can retire by calculating how much you need to save. See your projected retirement fund, sustainable income, and whether you're on track for your goals.
Accurate Results
Works Worldwide
Instant Calculations
£
£
6%
Conservative (1%)Aggressive (12%)
£
4%
4% is the traditional "safe withdrawal rate"
Projected Retirement Savings
£1,100,221
at age 65 (35 years)
Total Contributed
£260,000
Investment Growth
£840,221
Sustainable Annual Income
£44,009/year
Based on 4% withdrawal rate
Goal Status
On track!
£350,221 surplus for your goal
How This Calculator Works
This calculator uses compound interest to project your retirement savings: Future Value = P(1+r)^n + PMT × [((1+r)^n - 1) / r] Where: • P = Current savings • r = Annual return rate • n = Years to retirement • PMT = Monthly contributions The "4% Rule" suggests withdrawing 4% of your portfolio annually for a ~30-year retirement. Adjust based on your risk tolerance and life expectancy.
Frequently Asked Questions
Financial Tools
Quick Facts
UK State Pension age66-67
Full State Pension~£11,500/year
4% rule originTrinity Study 1998
Avg UK pension pot~£60,000
Related Tools
UK Tax Calculators
Need UK-specific tax calculations? Check out our comprehensive tax calculators.
View 60+ UK Calculators