UK Pension & Retirement Calculator 2026
Plan your retirement with confidence. Estimate how much your pension pot will grow, what income you can expect in retirement, and whether you're on track with the annual allowance and lifetime allowance.
How UK pensions work
The UK pension system has two main pillars: the State Pension (a flat-rate payment from the government) and private pensions (workplace and personal/SIPP contributions). You can access most private pensions from age 55 (rising to 57 in 2028). You can take up to 25% of your pension pot as a tax-free lump sum, with the remainder used to provide income through drawdown or an annuity.
UK Pension Calculator 2026 — State & Private Retirement Planner
Free UK pension calculator. Estimate your retirement pot, state pension income, tax-free lump sum, and income replacement rate with our comprehensive retirement planner.
Pension Pot Growth Over Time
Key pension allowances for 2026/27
The Annual Allowance is £60,000 (tapered for incomes above £260,000, minimum £10,000). The Lifetime Allowance was abolished from April 2024, but the tax-free lump sum is capped at £268,275 (25% of £1,073,100). The State Pension provides up to £221.20 per week (£11,502.40 per year). Most people need additional private pension savings to maintain their lifestyle in retirement.