How do I set the inflation rate for my pension?

Inflation Rate - Enter your preidcted inflation outlook - default is set to 2.5%. Annual Management Charge - Your pension may have a fixed annual charge (amount) or based off the fund value every year (percent). If the Annual Management Charge is a fixed amount, you can tick the box to increase the charge by inflation every year.

How do I calculate the value of a pension and annuity?

Calculate the value of a pension and annuity by entering how much you contribute, or find out how much you need to contribute to your pension to get the pension and annuity you need when in retirement. Use this Pension Calculator to get a full pension plan created, which includes inflation, pension charges and pension fees.

How much pension do you need to retire comfortably?

How much pension you’ll need to be able to retire comfortably will depend on your own personal and financial circumstances. It also depends on how long you intend to keep working and what sort of lifestyle you want to have in later life. Some people use the ballpark figure of saving around 10 times your salary by retirement age.