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About you. 2. Your goal. 3. Existing pensions.
To promote the armed forces pension schemes, Veterans UK have launched a campaign to encourage Service Personnel, Veterans and their families to get 'Pension Ready'. Pension Calculator. Tools; Pension Calculator 1. About you. 2.
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Our calculator allows you to put in the value of your existing pension pot, salary and monthly savings, to see if you're on the right track to save enough to achieve your retirement goals Those holding a public sector pension, such as the NHS or Teachers Pension, will not be able to transfer. Use our calculator to project your income and lump sum benefits to aid your retirement planning. Once you have an estimated pension transfer value, you can enter this into our other retirement calculators.
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When calculating how regular contributions might increase, inflation is assumed to be 3% if investment growth is 5%. Pension calculator Find out your likely retirement income In a few easy steps, our pension calculator can give you an estimate of the income you'll get when you retire. This will include income from defined benefit and defined contribution schemes, plus either the basic State Pension or the new State Pension, depending on when you were born. Remember, the pension calculator is a guide only (the figures shown are before tax, and aren't a guarantee you'll get that amount) and it isn't personal advice based on your personal financial circumstances.
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This will include income from defined benefit and defined contribution schemes, plus either the basic State Pension or the new State Pension, depending on when you were born. Inflation - The calculator allows for annual investment growth of 2%, 5% or 8%. When calculating how regular contributions might increase, inflation is assumed to be 3% if investment growth is 5%.
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