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.
Income Tax & National Insurance Calculator
Settings
Standard code — £12,570 personal allowance
Scottish income tax rates
All income is pension income
Use salary sacrifice
Summary
Income tax
£0
–
National insurance
£0
–
Total deductions
£0
–
Take-home pay
£0
£0/month
Tax saved
£0
vs no pension
NI saved
£0
vs no pension
Take-home
Income tax
NI
Pension income is not subject to National Insurance contributions.
For guidance only. Figures may differ from your payslip due to other deductions,
pension contributions, or mid-year changes. Always verify with HMRC or a tax adviser.