• Clearly see the earliest age at which you can afford to retire, based on the income you've set in the Desired Retirement Income section.


• View your retirement age precisely calculated in years and months.


• Instantly understand how increasing your monthly contributions can reduce your retirement age by months or even years.

• Compare your affordable retirement age across the three recognised living standards: Minimum, Moderate, and Comfortable.


• These standards are based on reliable, independent research from PensionsUK and are detailed on the official Retirement Living Standards website.

• Quickly see how your affordable retirement income changes under the Low, Intermediate, and High growth scenarios defined by the Financial Conduct Authority (FCA).


• These scenarios match those found in the pension statements you receive annually, providing direct comparability and confidence.

• Explore how annual charges affect your pension and ISA funds over time.


• Choose from Low (0.5%), Moderate (0.75%), and High (1.0%) charge scenarios.


• Clearly understand how fund charges impact your projected fund value and sustainable retirement income.

• Test the impact of shifting contributions away from your pension, taking that amount instead as additional net pay into your ISA.


• Instantly see how this affects your retirement income.


• Understand the value of pension tax relief you are giving up in exchange for greater financial flexibility.

• Income Breakdown: A clear, colour-coded chart showing the sources of your retirement income (Pensions, ISAs, State Pension, etc.) each year.


• Fund Values: A simple visualisation of how your pension fund and ISA grow until retirement and then decrease, ending at your chosen age.


• Charges: Clearly see how fees impact your fund values over your lifetime, before and after retirement.

• Today’s Money (inflation-adjusted figures) or Future Money (actual projected amounts).


• Easily toggle between viewing income as monthly or annual figures to enhance your retirement planning clarity.

• Retirement Income: View exact gross and net income from each source.


• Pension Fund and ISA Cashflow: Review opening and closing balances each year and clearly see all cash movements in and out.

• Understand your expected life expectancy based on your current age and sex.


• Use this valuable insight to effectively plan how long your retirement savings need to last.

• Quickly find clear and concise answers to the most common questions on retirement planning, grouped intuitively by category.


• Perfect for beginners and helpful even if you're not sure what questions you should ask.


• An ideal resource to build your knowledge and confidence around pensions and retirement.

• Tax Calculator: Clearly understand your tax and National Insurance contributions. View detailed breakdowns by tax bands, including specific calculations for the Scottish tax regime.


• Salary Sacrifice Calculator: Instantly see how different salary sacrifice levels affect your take-home pay and pension contributions.

• See your partner's retirement savings alongside your own, to easily understand your combined retirement income if you retire simultaneously.


• Instantly compare your projected income against the Retirement Living Standards (Minimum, Moderate, Comfortable) for couples, ensuring your planning aligns with real-world benchmarks.


• Identify opportunities to shift contributions between you and your partner, maximising your joint tax efficiency.

• Personalise your retirement budget according to your unique lifestyle, using familiar spending categories from Retirement Living Standards.


• Easily select Minimum, Moderate, Comfortable options, or fine-tune exact amounts using intuitive sliders.


• Instantly see how customising your budget impacts your retirement age, potentially allowing you to retire months or even years earlier.

• Test the impact of shifting contributions away from your pension, taking that amount instead as additional net pay into your ISA.


• Instantly see how this affects your retirement income.


• Understand the value of pension tax relief you are giving up in exchange for greater financial flexibility.

• Go beyond FCA’s standard scenarios freely adjust your assumptions for Fund Growth, Inflation, and Investment Charges.


• Explore realistic scenarios, including sustained high inflation and low growth environments, giving you confidence in your retirement planning even in uncertain times.

• Understand the impact of a sudden market downturn before or after retirement.


• Model various market crash scenarios by specifying percentage losses and timing.


• Quickly see how a market crash affects your retirement, discovering how much longer you may need to work or how your sustainable retirement income might reduce.

• State Pension Age: See the effect on your earliest affordable retirement age if the state pension age is raised to 70.


• Tax Band Freeze: Tax bands are currently frozen until 2028. See the effect of a possible extension to this freeze on your retirement age.


• Tax Free Lump Sum Limits: See the impact on your retirement plans of a reduction of the 25% tax free lump sum maximum. Also see what would happen if the lifetime limit on tax free cash of £268,275 is reduced.

• Optimise your retirement income strategy by adjusting how you draw from pensions and ISAs to minimise long-term tax.


• Fine-tune how much pension income you take within the basic rate tax band, balancing this with ISA withdrawals.


• Lowering your lifetime tax bill directly increases your affordable retirement income.

• Easily model converting part of your pension pot into a guaranteed annuity income at any age you choose.


• Clearly see the trade-off between lower overall income and the benefit of guaranteed lifetime security.


• Calibrate results using the Annuity Rate Calibration Tool for personalised and realistic outcomes.

• Planning to boost savings after paying off a mortgage or when your children become independent?


• Specify the exact age and contribution increase to your pension and/or ISA and immediately see how accelerating savings impacts your retirement timeline.

• Plan ahead for lower income needs in your later retirement years to boost your early retirement spending.


• Specify when and by how much your income will reduce, and instantly see how this strategy increases your available income at the start of retirement.

• Explore early retirement options with your Defined Benefit pension.


• Input your scheme-specific early retirement factors and instantly see how choosing to retire earlier affects your long-term retirement income.

Access to three additional charts relating to tax payments:

• Tax By Tax Band: See the breakdown of your tax payments in each retirement year split by tax band. This makes it easy to see how you might adjust your plans to reduce overall tax payments.


• Tax By Source: See how tax is calculated on each source of your income.


• Tax Free Allowance: See the cumulative tax free allowance as up to 25% of your pension income is tax free but only up to a lifetime maximum of £268,275. When this limit is reached you will see a significant increase in tax, so it is worth considering adjustments to your drawdown plan to avoid this.

• Currently, the model only allows one ISA type, either cash or stocks and shares.


• This feature will let you simultaneously model both Cash and Stocks & Shares ISAs, providing a more realistic approach.


• It also enables the use of a crash-resilient drawdown strategy (detailed in the next feature).

• A cash buffer can significantly reduce the impact of a market downturn on your retirement income.


• Specify a cash buffer size in months of future income, which the model maintains automatically.


• During market crashes, divestments from stocks to cash are paused, protecting your funds from further losses until recovery begins.


• Clearly see both the trade-off in returns due to holding more cash and the benefits during downturns.

• Currently, the model assumes any tax-free lump sum is spent immediately.


• This feature allows you to gradually reinvest the lump sum into your ISA, considering annual contribution limits.


• Funds awaiting transfer to the ISA will grow at a lower rate, reflecting the impact of taxes until fully sheltered.

• Easily check if paying voluntary National Insurance contributions to boost your State Pension provides good value.


• Quickly see how extra contributions translate directly into higher lifetime pension income.

• Instantly download a customised PDF summary of your retirement plan scenarios.


• Includes clearly presented charts, tables, and assumptions.


• Perfect for printing, record-keeping, or sharing with your financial adviser.

• Explore historical averages for inflation and investment returns for any chosen period.


• Select start and end years and choose from multiple financial indices via easy-to-use dropdown menus.


• Gain valuable insights to inform your assumptions based on real historical data.

• Currently, simplified State Pension Age estimates can be off by up to 11 months for those born in tax years 1960/61 or 1977/78 (tax year starts on 6th April).


• The improved calculator automatically detects relevant birth years and prompts for your birth month, ensuring your State Pension age calculation is accurate to the nearest month.


• Precisely accounts for partial-year payments in your first year, reflecting accurate timing between birthdays.