UK Joint Retirement Plan Calculator

Quick intro!

Hi, I'm Dave,

When I started thinking seriously about retirement, I realised I had a lot of questions — and maybe you do too:

• Will I have enough to retire comfortably?
• How long might my savings last?
• What are the consequences of taking a tax-free lump sum?
• What is the best strategy for tax efficient spending?
• What if there was a Defined Benefit pension in the mix?
• What would be the consequences of “Frontloading” income?
• What effect do the fees and charges on the pot over time?

I found myself looking for answers without wanting to spend a fortune on adviser fees. That’s what led me to create this pensions calculator. It’s a simple tool where you can put in your own numbers and test different scenarios. It won’t tell you what to do — it’s not financial advice — but it will give you a clearer picture of the possibilities.

Before diving in, take a couple of minutes to watch [How It Works] and check the instructions page for a quick overview. If you’d like to share feedback or ask about the calculator itself, you can reach me at flippingr8@yahoo.co.uk.

What the calculator assumes by default:,

• State pension: £11,973 from age 67 (you can change this).
• Personal allowance: £12,570, rising with inflation from 2028.
• Basic rate tax band: £37,700.
• Investment growth: 6.5% (editable).
• Inflation: 4% (editable).
• Includes taper relief for incomes over £100,000.

Disclaimer: This calculator is for illustration only. It is not financial advice, and it can’t predict the future. Results are based on your inputs and assumptions, which may not reflect real-life outcomes. Investments can fall as well as rise, and you may get back less than you invest. You remain responsible for your financial decisions and may wish to seek professional advice.