Country guide · United Kingdom
Plan the income
behind your retirement.
A pension pot and a State Pension work differently. Explore your invested pension, then add an official forecast to see the bigger picture.
Open the drawdown calculatorThree numbers
to bring with you.
Your current pension balance, the monthly amount you want to take and the age your plan needs to cover are a useful starting point.
Your chosen retirement date can differ from your State Pension age. Do not assume the default age in a calculator is the age that applies to you. GOV.UK · Check your State Pension age ↗.
The drawdown calculator separates the money leaving your pot from income tax. You can choose England, Wales and Northern Ireland or Scotland, and enter other annual taxable income.
If you already took tax-free cash, use the balance left invested. If you plan to take cash upfront, check your remaining allowance across your pensions before entering it.
Learn how pension drawdown worksThe rules behind the numbers
Official sources
- GOV.UK · Your State Pension forecast ↗
- GOV.UK · Check your State Pension age ↗
- GOV.UK · Tax-free pension withdrawals ↗
Rates are versioned for 2026/27. Return and inflation defaults are editable illustrations, not government forecasts. Read our methodology