How it works
State pensions across Europe are under pressure from ageing populations, which makes private saving increasingly important. The good news: thanks to compound growth, modest monthly contributions started early routinely outgrow much larger contributions started late.
Use this retirement calculator to project your pension pot: enter your age, planned retirement age, monthly contribution and an expected annual return. It also estimates the monthly retirement income that pot could sustainably provide using the widely-cited 4% withdrawal rule.
Future value with monthly compounding
FV = P₀ × (1 + r)ⁿ + C × ((1 + r)ⁿ − 1) ÷ r
MonthlyIncome ≈ FV × 4% ÷ 12P₀ = current savings, C = monthly contribution, r = annual return ÷ 12, n = months until retirement. The 4% rule is a rule of thumb, not a guarantee.