Calculator

Retirement Gap Checker

Are your pensions and savings on course for the retirement you actually want? This tool shows the gap between where you are heading and where you want to be, on assumptions you can see and change.

Free tool

Retirement Gap Checker

See whether your savings are on track for the retirement income you want, and the size of any gap.

Include UK pensions, SIPPs, ISAs and other investments earmarked for retirement.

In today’s money. We will adjust it for inflation to your retirement date.

State pension, any final salary pension, rental income. In today’s money. Leave blank if none.

ASSUMPTIONS

These assumptions drive the result and you can change them. Growth is not guaranteed, investments can fall as well as rise, and the withdrawal rate is a simplifying assumption about how much income a pot can sustain, not a promise.

How this works

The tool projects your existing savings and monthly contributions forward to your target retirement age, works out the pot you would need to sustain the income you want at the withdrawal rate shown, and reports the difference. All the assumptions are visible and you can change them.

For expats there are extra layers this tool does not model, including how your pension will be taxed where you retire, currency, and the treatment of UK pensions under the relevant double tax treaty. Our guide to drawing a UK pension abroad covers those.

This is an illustration, not financial advice or a recommendation. Investment growth is not guaranteed, and actual outcomes will differ from any projection.