How much do you need to save?

Calculate the monthly contribution needed to reach a target pot.

Current Date Target Date Target Retirement Pot Existing Pension and Investment Funds

Annual return scenarios

Scenario 1 (%) Scenario 2 (%) Scenario 3 (%) Scenario 4 (%)

Annual return	Monthly return	Existing fund at target	Gap to target	Required pcm

Monthly contribution by return rate

Notes

This calculator is approximate and is intended to be a guide. It should not be relied upon. Seek financial advice if you require more accuracy.

The annual investment return assumption should make an allowance for all the costs that will be deducted from the investment. The higher the assumed investment return, the greater the volatility and the lower the probability of achieving the required return, especially over shorter term periods.

If you know the value of your existing portfolio, enter it as the existing pension and investment funds. The calculator works out its future value and then shows the monthly saving needed to bridge the gap.

Future values do not take account of inflation, which will reduce the real value of the capital fund generated.

For pension contributions, basic rate tax relief of 20% is added to personal contributions. This calculator assumes the total gross contribution. Your annual pension contribution may be limited based upon your circumstances.