Pension Growth Calculator
Project how your pension pot could grow over time based on your current savings, monthly contributions, and expected investment returns. See the power of compound growth over your working years.
Your Details
Total value of your existing pension(s)
Your contributions plus employer match
Typically 4-7% for diversified funds
Understanding the Numbers
- Monthly contribution: Include your personal contributions plus any employer match
- Growth rate: The UK stock market has historically returned around 7% per year on average, though this varies significantly year to year
- Inflation: This calculator doesn't adjust for inflation—your future pot will have less purchasing power than today
- Fees: Investment fees reduce your returns—not accounted for here
Pension Tax Relief
When you contribute to a pension, you receive tax relief. For basic rate taxpayers, a £100 contribution only costs £80 (the government adds £20).
Higher rate taxpayers can claim additional relief through their tax return.
Note: This is a simplified projection. Actual pension values depend on investment performance, which can go down as well as up. Past performance is not a guide to future returns.