A collection of math instruments to help plan your savings.
This is pension calculator number one,
please fill in the boxes and press the 'calculate' button:
Please enter your current age:
Next, enter your annual pension contribution in £:
(This would be how much money you save toward your pension each year.
If you know your monthly rate, remember to multiply by 12.)
Then, please enter your current savings in £:
(This would be any extra money you will save toward your pension
after deductions of any debts, expenses or liabilities you may have.)
Then, please enter your chosen retirement age: (in years)
Lastly, please enter your average annual return:
(e.g. 5 % would be represented as 1.05 so you would type 1.05)
This is pension calculator number two,
please fill in the boxes below and press the 'calculate' button:
Please enter your annual income in £:
(This would be how much money you currently earn each year
or how much you'll need per year after retirement if you know this already).
If you know your monthly rate, remember to multiply by 12.)
Next, please enter your current (retirement) savings (portfolio) in £:
(This would be any extra money you will save toward your pension
after deductions of any debts, expenses or liabilities you may have.)
Lastly, please enter your chosen withdrawal rate:
(e.g. the range should be between 2% to 7%)
This is pension calculator number three,
please fill in the boxes below and press the 'calculate' button:
Please enter your annual income in £:
(This would be how much money you currently earn each year.
Again, if you know your monthly rate, remember to multiply by 12.)
Next, please enter your income coverage as a percentage:
(e.g. usually 80% or a multiple of 10 e.g. 60%, 70% etc..)
Lastly, please enter your chosen withdrawal rate again:
(e.g. the range should be between 2% to 7%)