You receive (after tax)
£42,567
- Tax-free portion
- £42,567
- Taxable portion
- £0
- Income tax
- −£0
- Net cash
- £42,567
Start with a few details about you and your pension, then see what cash, a guaranteed income and drawdown could give you.
Assumptions and small print
Change the growth and inflation we've assumed, and see what's behind the numbers
- For illustration only, not financial advice, and not a promise of what you'll get. Today's money shows what your retirement figures would buy at today's prices.
- Growth is set separately for before and during retirement, after annual charges.
- Annuity rates and life expectancy come from actuarial tables covering ages 55 to 80 and years 2026 to 2035. Outside that range we use the nearest rate.
- Tax uses 2026/27 bands for England, Wales and Northern Ireland, including the personal allowance taper, and assumes no other taxable income that year. Scottish bands aren't modelled yet.
- Contributions, if you're still paying in, go in monthly and rise with your salary.
- Your scheme may not offer every option directly. Where it doesn't, taking that option means transferring your pension to another provider; the figures still apply.