Use our SIPP Drawdown Calculator to estimate flexible retirement income withdrawals and see how long your pension pot might last.
Important information: This calculator gives an indication of whether you may be on track for the retirement you want, based on the details and assumptions you provide. The results are estimates only and should not be relied upon as your sole basis for retirement planning. If you need further guidance, you should seek advice from a suitably qualified and regulated financial adviser.
Understanding how much income you could take from your pension pot during retirement is vital for financial security. The Alltrust Pension Drawdown Calculator is designed to help you model your pension withdrawals, see how long your pension could last, and optimise your retirement income. Defined contribution pension schemes empower you with greater control over your pension savings—access your pension pot flexibly via income drawdown, lump sum payments, or annuity purchase.
Our pension drawdown calculator can help you estimate how long your pension fund might last through income drawdown, lump sum withdrawals, and investment growth.
Input: Current pension pot size, expected investment returns, withdrawal frequency, retirement age, tax-free cash options, and inflation assumptions.
Output: See how long your pension could last and understand how much income you could take each year.
The calculator only gives an estimate. Results are based on your individual circumstances, expectation of life, personal recommendation, and market returns that may fall and rise.
At age 55 (or earlier with protected pension age), you can access your pension pot and take 25% as a tax-free lump sum. Flexible retirement options include Uncrystallised Funds Pension Lump Sum (UFPLS), drawdown pension, or choosing an annuity for guaranteed income. Understanding pension tax-free cash and the latest HMRC tax rules is key.
• Pension withdrawals are taxable above the tax-free lump sum
• Emergency tax code may apply initially on withdrawals
• Pension income is subject to personal advice from an authorised financial adviser, regulated by the Financial Conduct Authority
This drawdown calculator provides pension projections as guidance only. The calculator only gives an estimate, not a personal recommendation or advice. Your pension savings results may go down as well as up; you may live for a shorter or longer time than average. Speak to an authorised financial adviser for personal advice.
The Alltrust pension drawdown calculator is designed to help you explore your pension options and plan a flexible retirement, so you can see how long your pension could last, consider lump sum options, and model investment returns.
Investment growth rate, inflation, and market swings (“may get back less than you invested”) affect buying power of your income and how long your pension might last. The Office for National Statistics provides expectation of life tables to help you plan withdrawals and ensure your pension fund could provide retirement income throughout your retirement savings journey.
Our calculator can help you:
✔ Understand how much you could withdraw without running out of money
✔ Control over your retirement income and withdrawal strategy
✔ Keep the rest invested for future growth (drawdown pension)
✔ Manage pension income, fees, and life expectancy outcomes
Whether planning lump sum withdrawals, tracking investment growth, or exploring flexible retirement income, the Alltrust Pension Drawdown Calculator helps you understand how much income you could take and see how long your pension could last. Regulated by the Financial Conduct Authority, our adviser-led support ensures important information is considered for your individual circumstances.
Use our Pension Drawdown Calculator to estimate your retirement income and withdrawal options today. Results are based on market assumptions, life expectancy, and pension scheme rules. For personalised advice, speak to an authorised financial adviser. Alltrust—your trusted SIPP and SSAS pension trustee.
Book your free consultation today by completing the form below and discover how Alltrust can help you with your retirement journey.