A pension is a long-term savings plan that helps you save money for later life. This calculator helps you estimate how much your pension pot might be worth when you retire, based on your current savings, future contributions, and investment growth.
Compound Interest
The earlier you start saving, the more your money can grow through compound interest. Even small contributions can grow into a significant sum over 30 or 40 years.
Impact of Fees
Investment fees can eat into your returns. A 1% fee might sound small, but over a lifetime of saving, it can reduce your final pension pot by tens of thousands. Always check the fees on your pension funds.