Based on your inputs and income requirements, the calculation indicates that you can afford to retire before the age at which you are entitled to draw your pension benefits.
The Premium version of the calculator will be of great value to you as you explore this possibilty further.
A full list of premium features can be seen here.
Inheritance Tax Calculator
Estate Inputs
Married?
Post 2027 Rules?
Are you over 75?
Home to pass to children or grandchildren?
Results
Total assets
£0
All inputs
Allowances
£0
NRB + Residence NRB
Estimated IHT
£0
40% on taxable estate
Estimated legacy
£0
After IHT
Value of accessible assets
£0
ISA + Other + Pension
Shortfall to be funded by home sale
£0
Estimated IHT - Accessible Assets
Estimated legacy
IHT due
Pension outside estate
For guidance only. This is a simplified estimate using standard nil-rate and residence nil-rate bands,
with a 40% inheritance tax rate. Individual circumstances, gifting rules and trust planning are not modelled.