My Future Net Worth logo
My Future Net Worth
Planning for
Personal
Shared

Your SIPP Details

Current Age
30
Retirement Age
67
Years to Retire
37

Growth Assumptions

Pension Growth
8.90%
Management Fee
0.50%
Annuity Rate
4.80%
UK Inflation
2.80%

Rates are set via the UK Rates Table · Current scenario

Real Growth Rate
5.60%
8.9% growth − 0.5% fees − 2.8% inflation

Retirement Options

Retirement Projection · 37 Years

Pension Pot at Retirement (67)
Pension pot projection£0
Inflation adjusted£0
Tax-free lump sum (25%)£0
Remaining for pension£0
Estimated Monthly Pension
£0/month
Annual: £0 · 4.8% annuity · Current
Inflation adjusted£0/month
Tax Relief Breakdown
Your Income Tax BracketAuto-detected
Income range:£12,571 – £50,270
Estimated from salary + bonus:£36,000/yr

20% added to pot at source. No further relief to claim.

Your payment£0
HMRC adds to pot (20%)+£0
Total into SIPP£0

Contribution Analysis

Pot Breakdown at 67
Years to retirement37 years
Starting SIPP value£0
Your contributions£0
Govt tax relief (pot)+£0
Investment growth+£0
Final SIPP Value£0
Pension Income
Annual pension (nominal)£0
Monthly pension (nominal)£0
Monthly pension (real)£0
Tax-free lump sum£0
Annuity rate used4.8% · Current

Complete SIPP Projection · Age 30 to 67

Growth: 8.9%·Fees: 0.5%·Net: 8.4%·Inflation: 2.8%·Scenario: Current
AgeStart ValueContributionsGrowthEnd Value (Nominal)
31
Next year
£0+£0+£0£0
32
£0+£0+£0£0
33
£0+£0+£0£0
34
£0+£0+£0£0
35
£0+£0+£0£0
36
£0+£0+£0£0
37
£0+£0+£0£0
38
£0+£0+£0£0
39
£0+£0+£0£0
40
£0+£0+£0£0
41
£0+£0+£0£0
42
£0+£0+£0£0
43
£0+£0+£0£0
44
£0+£0+£0£0
45
£0+£0+£0£0
46
£0+£0+£0£0
47
£0+£0+£0£0
48
£0+£0+£0£0
49
£0+£0+£0£0
50
£0+£0+£0£0
51
£0+£0+£0£0
52
£0+£0+£0£0
53
£0+£0+£0£0
54
£0+£0+£0£0
55
£0+£0+£0£0
56
£0+£0+£0£0
57
£0+£0+£0£0
58
£0+£0+£0£0
59
£0+£0+£0£0
60
£0+£0+£0£0
61
£0+£0+£0£0
62
£0+£0+£0£0
63
£0+£0+£0£0
64
£0+£0+£0£0
65
£0+£0+£0£0
66
£0+£0+£0£0
67
Retirement
£0+£0+£0£0
Table Notes
  • End Value: nominal future £ amounts (before inflation adjustment)
  • Growth: 8.9% gross minus 0.5% fees
  • Inflation Adjusted pot shown in Retirement Projection above

Key SIPP Information

  • Annual Allowance (2024/25): £60,000 total across all pension schemes
  • Tax Relief: HMRC automatically adds 20% basic rate relief to all contributions. Higher (40%) and additional rate (45%) taxpayers can claim extra relief via Self Assessment.
  • Access: From age 55 (rising to 57 from 2028) — 25% tax-free, remainder taxed as income
  • Flexibility: Full control over investments — flexible drawdown or annuity

Synopsis

This calculator projects how a Self-Invested Personal Pension (SIPP) grows to retirement, automatically adding the 20% basic-rate tax relief HMRC pays into every contribution, and letting higher and additional-rate taxpayers see the extra relief they can reclaim via Self Assessment. It models the £60,000 annual allowance — shared across all pension schemes, including any Workplace Pension — the option to take a 25% tax-free lump sum at retirement, and converts the final pot into an estimated monthly income using current annuity rates, with figures shown in both nominal and inflation-adjusted terms so you can judge what your pension will really be worth. If you're saving toward a first home rather than retirement, the Lifetime ISA calculator offers a 25% government bonus as an alternative.

Got some feedback? hello@myfuturenetworth.uk