Pension Calculator
Project your pension pot forward using 2026/27 auto-enrolment rules — your salary here uses the same profile as Take-Home Pay.
How is a pension pot projected?
Your monthly contribution — your percentage plus your employer's — compounds over the years until retirement, the same way a savings account grows, just usually with more decades to work with. This calculator projects a current pot plus monthly contributions forward at your chosen growth rate. The 2026/27 auto-enrolment minimum is 8% combined, with your employer required to pay at least 3% of your qualifying earnings (£6,240–£50,270) — many people contribute more once they can afford to, since every pound put in also gets tax relief on top. If you haven't set your salary yet, it's shared with the Take-Home Pay Calculator.
Frequently asked questions
What is the minimum pension contribution in the UK?
8% of qualifying earnings (the band between £6,240 and £50,270 for 2026/27), with your employer required to pay at least 3% of that. Many workers pay more than the minimum for a better retirement outcome.
How much should I be contributing to my pension?
A commonly used guideline is to contribute roughly half your age as a percentage — so starting at 30 suggests around 15%, including your employer's contribution. It's a rule of thumb, not a target everyone needs to hit exactly.
What is the pension annual allowance?
£60,000 for 2026/27, or 100% of your earnings if lower. This is the most you and your employer can pay in combined and still get full tax relief — most people are well under this limit.
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