The tool is based on the Flexible Retirement Plan, which has personal pension, drawdown and Self-Invested Personal Pension (SIPP) options.
Use the tool to calculate the contributions needed to achieve a final pension pot at retirement, or find out the level of income payable and the term it can be paid for. Alternatively, provide a full retirement journey by modelling a combination of accumulation and decumulation.
Add this tool to your browser favourites and use it even when you’re not online.
You can print the results. You can also save the results as a pdf by printing them as a pdf. Find out how in our Handy Hints and Tips guide (PDF).
The results of the tool shouldn’t be considered as advice and is to aid you during your advice process. The results are based on our current understanding of legislation and HMRC practice. But these might change without notice and the tool doesn’t take into account all of the possible circumstances that could impact your clients.
The Flexible Retirement Plan Modeller shows how the Flexible Retirement Plan and investments within it can be used for your clients.
This modelling tool does not form a regulated illustration and is designed to help illustrate concepts and the impact of certain decisions. It should not be used in place of an illustration and should only be used by a professional financial adviser.