Use the FSA/ABI pension calculator to see how much income you might get when you retire from what you save now or in the future.
All you need to do is answer a few questions about the amount you are contributing or plan to contribute to a pension, and the calculator will give you an idea of how much income this will produce when you retire using today's prices.
The calculator deals with new contributions made through a personal pension, group personal pension or stakeholder pension. It can also deal with any personal, stakeholder or occupational money purchase pension funds you may have built up already.
If you are employed, first check if your employer provides a pension scheme. Your employer may make a contribution that you will miss out on if you take out a personal pension.
