Please note: The value of pensions and investments, and the income they produce can fall as well as rise.

Are you planning for retirement? At any age, this is a viable plan to think about. Whether you’re in your late teens, thinking ‘how much do I need to save to retire?’. Or in your mid 50’s, and retirement is just around the corner. Every now and then this question often comes to mind.

At Credius, we want to help as many people reach their retirement goals as possible and to support, we’ve created a retirement savings calculator for those in the UK. It’s a simple guide to suggest how much you should be regularly saving to reach your financial goals at a certain age. Therefore, this calculator can help you keep on-track with attaining your financial goal when you’d wish to retire.

There are different ways to achieve your financial goals. These can be; setting aside a certain amount from your regular income, investing in the stock market, in addition to other profitable ventures to bolster your bank account.

As stated, this calculator is a simple guide, a ‘one size fits all’ type of guide. However, if you’re serious about your retirement plan. We at Credius offer a free initial consultation to help you achieve those goals specific to your circumstances. Give us a call on, or simply fill in your details on our contact page. We look forward to helping you reach your financial goals.

How much should you be saving for retirement?

Calculate how much you should be saving for your retirement. The figures provided by this calculator are for illustrative purposes only. Calculations are only a guide and cannot be guaranteed. Interest rates are subject to changes and actual figures will vary in individual circumstances.

Complete the information required and click the ‘Calculate’ button.

Note: do not use “,” or “£” in the input fields, move through the fields using the TAB key
Enter your age

Enter your retirement age

Please enter the age you expect to live to

Enter the annual, net of tax, retirement income you would like (£)

Likely average inflation rate (%)

Percentage investment return, net of tax, during retirement (%)

Percentage investment return, net of tax, saving up to retirement (%)

Current savings (£)

Current monthly savings (£)

Lump sum required in today’s money at retirement

Lump sum to invest today to achieve retirement income

or, Monthly savings that will achieve your retirement income goal

Disclaimer on Calculator Results

Results are for your general information and use only and are not intended to address your particular requirements. Therefore, results should not be relied upon in their entirety and shall not be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate results and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future.

No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect to using this calculator. Thresholds, percentage rates and tax legislation may change in subsequent finance acts. Levels and bases of and reliefs from taxation are subject to change and their value depends on the individual circumstances of the investor. The value of your investments can go down as well as up and you may get back less than you invested.