UK Retirement Calculator 2025
Modify the values and click Calculate to explore your retirement outlook. This tool uses real-world assumptions for the UK, helping you estimate your future savings, withdrawals, and whether you’re on track for the retirement you want.
Calculating your retirement projection…
Your Retirement Outlook
UK State Pension Information
Savings Growth Projection
Financial Breakdown
Calculation Assumptions
UK Retirement Calculator 2025: Plan Your Future With Confidence
Find out if you have enough money saved for when you stop working. Use our free, easy tool to check your retirement plans.
Planning for when you stop working is super important. But lots of people in the UK don’t save enough money for their retirement. That’s a big problem!
Things cost more every year. People live longer than before. The money the government gives you when you retire isn’t much. That’s why you need to start saving your own money early.
State pension per week in 2025
People who start saving in their 20s-30s
Average age people live to in the UK
Our free UK Retirement Calculator 2025 helps you see if you’re saving enough money. It’s easy to use and made just for people in the UK. Let’s show you how it works!
Why Planning for Retirement is More Important Than Ever
Right now, saving for retirement in the UK is harder than it used to be. Here’s why:
The Money Problems
- Everything costs more each year (that’s called inflation)
- Houses cost way more than they used to
- Living costs keep going up
The Good News
- People live longer and healthier lives
- More ways to save and invest your money
- Free tools to help you plan better
Here’s What You Get from the Government
In 2025, the full state pension is £230.25 per week. That’s about £11,973 per year.
But this isn’t much money to live on. Most people need about £20,000-£30,000 per year to live okay when they retire.
How the UK Retirement Calculator Works
Our calculator is like a crystal ball for your money. You tell it about yourself, and it shows you what your future might look like.
What You Need to Tell It
What It Figures Out
Made Just for UK People
Our calculator knows about UK things like:
- The state pension (£230.25 per week)
- How much things cost in the UK
- UK tax rules
- How long people usually live in the UK
Step-by-Step: How to Use the Calculator
Don’t worry – using our calculator is super easy. Just follow these simple steps:
Put in Your Basic Info
Start by telling us:
- Your age right now
- When you want to retire (most people pick 65-67)
- How long you think you’ll live (the calculator can guess this for you)
Tip: If you’re not sure how long you’ll live, that’s okay! Most people in the UK live to about 81 years old.
Tell Us About Your Money
Now the money questions:
- How much money do you make each year? (before taxes)
- How much have you already saved for retirement?
- How much do you save each month?
Don’t know exactly? That’s fine! Just put in your best guess. You can always come back and change it later.
Set Your Expectations
The calculator needs to know:
- How much money you want each year when you retire
- How much you think your savings will grow each year
- How much more expensive things will get each year
Not sure? The calculator has good guesses already filled in. Most people can just leave these as they are.
Get Your Results
Click the “Calculate” button and see:
- If you’re saving enough money
- How much money you’ll have when you retire
- Ideas for saving more
Want to keep your results? You can download them as a PDF to save on your computer or print out.
Ready to Try It?
It only takes 5 minutes to see if you’re on track for retirement!
What Your Results Mean
After you use the calculator, you’ll get one of these results. Here’s what each one means:
You’re On Track! 🎉
This means you’re saving enough money for retirement. Good job!
What this means: If you keep saving like you are now, you’ll have enough money when you retire.
What to do: Keep up the good work! Maybe think about saving a little more if you can.
You Might Need More Money ⚠️
You’re saving some money, but it might not be enough.
What this means: You might run out of money before you die, or you might not have enough to live comfortably.
What to do: Try to save more each month, or think about working a few years longer.
You Need to Save More 🚨
Right now, you’re not saving enough money for retirement.
What this means: If you don’t change anything, you’ll probably struggle with money when you retire.
What to do: Don’t panic! Start saving more now, even if it’s just £20 more each month. Every little bit helps.
Real Examples
Sarah, Age 30
Sarah makes £35,000 per year and saves £300 per month. She wants to retire at 65.
Result: On track! She’ll have about £400,000 when she retires.
Mike, Age 45
Mike makes £50,000 per year but only started saving £200 per month last year.
Result: Needs to save more. Should try to save £400-500 per month.
How the Calculator Makes Its Guesses
Our calculator uses some smart guesses to figure out your future. Here’s what it assumes:
Your Money Will Grow by 6% Each Year
This is how much money in savings accounts and investments usually grows over many years.
Some years it might be more, some years less. But over 20-30 years, 6% is a good guess.
Things Will Cost 3% More Each Year
This is called inflation. It means £100 today won’t buy as much in 20 years.
The Bank of England tries to keep inflation at 2%, but we use 3% to be safe.
You’ll Live to About 85
This is the average in the UK. Some people live longer, some shorter.
You can change this if you want. If your family usually lives longer, put in a higher number.
You’ll Need 75% of Your Working Income
Most people need about 3/4 of their working salary when they retire.
You might need less (no work clothes, no commuting) or more (more travel, healthcare).
Remember: These Are Just Guesses
Nobody can predict the future perfectly. These numbers help us make good plans, but real life might be different. That’s why it’s good to save a bit more than the calculator says you need!
Easy Ways to Save More Money for Retirement
If the calculator says you need to save more, don’t worry! Here are some simple ways to boost your retirement savings:
Get Free Money from Your Job
Most jobs in the UK put money into your pension if you do too. This is free money!
What to do: Ask your boss about your workplace pension. Put in at least enough to get all the free money they offer.
Example: If your job matches up to 5% and you earn £30,000, they’ll give you £1,500 per year for free!
Use Your ISA Allowance
You can put £20,000 per year into an ISA without paying tax on the growth.
What to do: Open a Stocks & Shares ISA and put money in it every month. Even £100 per month helps!
Why it’s good: Any money you make in an ISA is yours to keep – no tax!
Start Small and Grow
You don’t need to save hundreds of pounds right away. Start small and increase it over time.
Smart plan: Start with £50 per month. Every year, increase it by £25. After 10 years, you’ll be saving £300 per month!
Easy trick: Save half of any pay rise you get. You won’t miss money you never had.
Work a Bit Longer
Working even 2-3 years longer makes a huge difference to your retirement savings.
Why it helps: You save money for longer AND you need your savings to last for fewer years.
Example: Working until 67 instead of 65 could mean having 30% more money in retirement!
Don’t Put All Your Eggs in One Basket
Spread your money across different types of investments to lower your risk.
Simple approach: Put some money in stocks, some in bonds, maybe some in property funds.
Easy option: Choose a “target date” fund that does this mixing for you automatically.
The Magic of Starting Early
Here’s why starting young is so powerful:
Emma starts at 25:
Saves £200/month for 40 years
Total put in: £96,000
Final amount: £525,000
Tom starts at 35:
Saves £300/month for 30 years
Total put in: £108,000
Final amount: £367,000
Emma put in less money but ended up with much more! That’s the power of starting early.
Questions People Ask Us
How right is this calculator?
Our calculator gives you a good idea of what might happen, but it can’t predict the future perfectly. It uses smart guesses based on how things usually work. Think of it as a helpful guide, not a promise. Real life might be different, so it’s always good to save a bit more than it says you need.
Does it include the money I get from the government?
Yes! The calculator knows about the UK state pension. In 2025, that’s £230.25 per week (about £11,973 per year) if you get the full amount. It adds this to your other savings to show you the complete picture.
What if prices go up faster than 3% per year?
Good question! If inflation is higher than 3%, you might need more money than the calculator says. But remember, when inflation is high, your investments usually grow faster too. You can always change the inflation number in the calculator to see what happens with different rates.
Can I save my results?
Absolutely! After you get your results, you can download them as a PDF. This lets you save them on your computer, print them out, or email them to yourself. It’s a great way to keep track of your progress over time.
Do I have to pay to use this?
Nope! Our calculator is completely free to use. You don’t need to sign up, give us your email, or pay anything. We made it free because we want to help people in the UK plan better for retirement.
I’m already 50. Is it too late to start saving?
It’s never too late! While starting earlier is better, people in their 50s still have 15-20 years to save and grow their money. You might need to save more each month or work a few years longer, but you can still have a good retirement. The important thing is to start now.
What happens after I use the calculator?
After you get your results, we’ll show you some helpful resources on PolicyCheck.co.uk. This includes more information about saving for retirement, comparing financial products, and other money tips. But you’re not required to use these – they’re just there if you want extra help.
Ready to Plan Your Future?
Take Control of Your Retirement Today
You’ve learned about planning for retirement. Now it’s time to see where you stand. Our free calculator will show you if you’re on track in just 5 minutes.
No signup required • Your information stays private • Takes less than 5 minutes
Average time to fill out
Get your results right away
No cost, no hidden fees
Your Future Starts Today
Planning for retirement might seem scary, but you don’t have to do it alone. Our UK Retirement Calculator 2025 gives you a clear picture of where you stand and what you can do to improve.
Remember, the best time to start planning was 20 years ago. The second best time is right now. Every month you wait makes it harder to reach your retirement goals.
But here’s the good news: even small changes can make a big difference. Saving an extra £50 per month, getting your full employer match, or working just two years longer can transform your retirement.
You’ve got this! Take the first step today and use our free calculator. Your future self will thank you.
