Can I Retire Yet?

A simpler way to see if your retirement plan adds up.

Enter your pension, S&S ISA, and home details once and get a single view of projected net worth, retirement income, and any shortfall.

Basics

Retirement target

Current age Retirement age Yearly spending you want in retirement (today's money) Inflation assumption (%) Withdrawal rate used for investments (%)

A common planning starting point is around 4%. Lower numbers are more cautious.

Income Sources

Guaranteed income that is not an investment pot

Use these for state pension, public or defined-benefit pensions, and any other fixed income you expect in retirement.

State pension Include

Income per year Starts at age

Public or DB pension Include

Income per year Starts at age Lump sum at start

Other guaranteed income Include

Income per year

Tax

Simple UK tax estimate

Estimate UK tax on retirement income and taxable accounts Suggested retirement tax band

Basic rate

Private pension taken tax-free at retirement (%)

Auto-suggested from projected taxable retirement income at your retirement age.

State pension and DB/public pension income are treated as taxable. Private pension withdrawals are treated as taxable after the tax-free pension cash taken at retirement. ISA withdrawals, Premium Bonds, and home equity stay tax-free in the model.

Optional

Private pension

Add your pension pot and monthly contributions if you want it included in the plan.

Include this section

Current pension value Expected annual return (%) Your monthly contribution Employer monthly contribution Increase these monthly contributions with inflation each year

Optional

S&S ISA

Add your current ISA and monthly investing amount to estimate future tax-free value.

Include this section

Current ISA value Expected annual return (%) Monthly ISA contribution Increase this monthly contribution with inflation each year

Optional

Property and home equity

Use this only if you expect your home to contribute through selling or releasing equity.

Include this section

Current home value Home value growth per year (%) Mortgage balance today Mortgage interest rate (%) Years left on mortgage Home equity to use for retirement funding

35%

Use this if you want to model downsizing, selling, or releasing some equity.

Optional

Other accounts

Add cash ISA, Premium Bonds, HYSA, GIA, or any other savings accounts you want counted.

Include this section

Account type Current balance Monthly saving Yearly rate (%) Inflation-linked

Optional

Drawdown and derisking

Set how invested your pension and ISA stay now and by the time you retire.

Include this section

Shares now (%) Shares at retirement (%) Start moving to safer assets this many years before retirement Expected return for safer assets (%)

Your retirement result

There is a projected retirement income gap

At your planned retirement age, your projected yearly income is below what you want to spend.

Your yearly spending target at retirement £0

Shown in future pounds after inflation.

After-tax yearly income at your retirement age £0

This is the number being compared against your spending target. The drawdown part is broken out below in Income estimate.

Expected shortfall £0

This is the yearly gap between spending and income.

Later pension start ages can change this result

If income sources start after your chosen retirement age, this planner will show how the picture changes once they begin.

If you keep going a bit longer

You may need to work 0 extra years

Based on the assumptions above, this plan is already achievable at your chosen retirement age.

Open your full breakdown See the charts, net worth, tax detail and full calculation underneath.

Years to retirement 0

Projected net worth £0

Estimated after-tax annual income £0

Expected shortfall £0

Compared with your inflation-adjusted spending target.

Projected balances at retirement

Public/DB pension lump sum £0

Private pension tax-free cash at retirement £0

Remaining private pension pot £0

S&S ISA £0

Other accounts £0

Home equity £0

Usable home equity £0

Income estimate

Gross drawdown from pension, pension tax-free cash, ISA, other accounts and home equity £0

State pension income at retirement £0

Public/DB pension income at retirement £0

Other guaranteed income £0

Gross yearly income before tax £0

Estimated income tax £0

After-tax yearly income available £0

Net worth mix

Public/DB lump sum

Pension

S&S ISA

Other accounts

Home equity

Interactive charts

Hover the bars to inspect how your plan grows between now and retirement.

Net worth growth to retirement

Projected total net worth grows as contributions, returns, and home equity build over time.

Assumptions

Monthly compounding is used for pension and ISA growth.
Target spending is inflated from today to retirement.
Tax is not being estimated on taxable accounts.
Only the chosen share of home equity is counted toward funding.