01480 22 22 80 info@brightadvice.co.uk

This calculator does not take into account what you may receive in State benefits or from any other source.

This calculator assumes you are a basic rate tax payer and that tax relief will be added to the payment you pay.

Retirement Savings Calculator

Calculate how much you should be saving for your retirement. The figures provided by this calculator are for illustrative purposes only. Calculations are only a guide and cannot be guaranteed. Interest rates are subject to changes and actual figures will vary in individual circumstances.

Complete the information required and click the ‘Calculate’ button.

Note: do not use “,” or “£” in the input fields, move through the fields using the TAB key

Amount of money currently saved:
Enter the Annual Interest Rate you expect to earn on your savings (%):
Enter the number of years you would like to make the monthly withdrawals:
Enter the amount you would like to withdraw each month in retirement (£):
This is how much you need to have saved by the time you retire (£):

Results are for your general information and use only and are not intended to address your particular requirements. Results should not be relied upon in their entirety and shall not be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate results and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of using this calculator. Thresholds, percentage rates and tax legislation may change in subsequent finance acts. Homeowner Loans: The actual rate available will depend upon your circumstances. If you are seeking a mortgage loan, then you must make a formal application to an appropriate mortgage lender, who will consider your application in accordance with their lending criteria. Mortgage loans are normally subject to a formal valuation of the property and proof of your earnings.

The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Bright Advice
Yew Tree House
Church Street
St Neots
PE19 2BU

01480 22 22 80
info@brightadvice.co.uk

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Bright Advice is a trading style of Lifetime Wealth Management Limited, an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority.

The Financial Conduct Authority do not regulate Buy to Let Mortgages, Wills or Trusts.

Lifetime Wealth Management Ltd registered address 12-14 Upper Marlborough Road, St. Albans, Hertfordshire, AL1 3UR.

Registered in England and Wales, Company Number: 4631136.

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