The retirement calculator is designed to show you how much your retirement pot will grow by and how much you may receive at retirement from the Retirement Saver. The retirement calculator estimates your retirement pot assuming you join the Retirement Saver today.
In order to determine this we need to know a few details about how much you earn and your current age.
1 - fill in your basic pay details in the boxes on the left side of the screen. You can put in your hourly rate, weekly, 4 weekly, monthly or annual pay. If you choose hourly or weekly you will need to put in the number of hours you work as well.
2 - select your gender and fill in your date of birth. You can input this in the boxes or use the calendar which appears when you click into the date of birth box.
3 - the retirement calculator will automatically populate to show you the amount that goes into your retirement pot. You can click on the step 2 and 3 buttons to see how much it costs you and how much you will get at retirement.
4 - On step 3 you can change your retirement age to see how this will affect your estimated income at retirement. Simply move the slider to the age you would like to retire.
If you need any help or have any questions about the Retirement Saver you can contact the Plan administrator on 0845 6000 353.