General information only. We are not FCA-authorised and nothing here is regulated financial advice or a personal recommendation. How we stay independent

Your numbers

How long the pot lasts

Pot runs out at age
Years of income
Withdrawal rate, year one
Total drawn

A smooth projection — real markets aren't smooth, and poor early years (sequencing risk) can exhaust a pot a steady average says should survive. Illustration only; not a forecast, plan or recommendation.

Assumptions and method

  • Withdrawals are taken yearly and rise with the inflation rate you set, so spending power stays level; the remaining pot grows at the rate you set. Returns are applied smoothly — real-world volatility makes outcomes worse than smooth maths at the same average return when you're withdrawing.
  • Figures ignore tax (income beyond tax-free cash is taxable), charges (subtract them from growth — see the fee impact calculator) and the State Pension, which typically covers part of the income need — check yours with our State Pension guide.
  • If the pot survives past age 100 we call it "lasts beyond 100" rather than pretending precision.

The concepts behind the tool: retirement income options — including why this decision is the textbook case for regulated advice — and the retirement gap calculator for the accumulation side.

Reminder: this tool is general education. It doesn't know your circumstances, can't see future markets, and isn't a personal recommendation. Retirement income decisions are complex and largely irreversible: use Pension Wise (free, from 50) and consult an FCA-authorised adviser — our toolkit shows how to find one.