Pension Drawdown Calculator

Plan your retirement income with confidence

Total Pension Pot

Desired Annual Income (optional)

Annual Drawdown Rate (%)

Age to Start Drawdown

years

Expected Investment Returns (%)

Expected Inflation (%)

Take 25% Tax-Free Lump Sum

Display future values (adjusted for inflation)(Shows values in today's money)

State Pension Options

Include State Pension

State Pension Age

years

Annual State Pension Amount

Tax Settings

Tax Region

Disclaimer: This calculator provides estimates only and should not be considered financial advice. The calculations are based on assumptions about future returns, inflation, and other factors that may not be accurate. Actual results may vary significantly. From April 2028, the minimum pension age will increase from 55 to 57. Please consult with a qualified financial advisor before making any retirement planning decisions.