Pensions
How much pension will I get when I retire?
Your pension is important - you need to save and invest for your future retirement pension regardless of your current lifestyle.
Our table shows the earlier you start saving the more you are likely to receive when you retire.
Monthly pension on retirement* |
|||||
| Invest per month | £50 | £100 | £150 | £300 | |
| Your age now |
25 | £559.59 | £1,119.17 | £1,678.76 | £3,357.51 |
| 35 | £285.86 | £571.71 | £857.57 | £1,715.14 | |
| 45 | £133.01 | £266.02 | £399.03 | £798.05 | |
| 55 | £47.66 | £95.32 | £142.98 | £285.95 | |
How can we help?
Choosing the right pension is critical, you need professional advice.
For a no obligation review from a expert pension adviser from Moneyextra call us on 0845 300 6246 or complete our simple call back form.
The initial consultation is free. If you proceed with our recommendation we will receive remuneration by way of commission from the product provider. Alternatively, we may charge you a fee and the amount will be agreed with you before you proceed. Our advisers will provide you with further details.
*Assumptions
Based on a male, non-smoker, retiring at 65 purchasing a single life annuity on a pension fund that has grown annually at 7% before annual charges of 1%. No guarantee or increases (current rates) and no assumed increase in contributions. Source: Moneyextra October 2007.
AWD Moneyextra is a trading name of AWD Direct Ltd, a wholly owned subsidiary of AWD Group plc, a member of AWD Holding AG, Europe's premier independent financial services group. Registered in England No. 3685041. Registered Office: 1 King Street, Manchester, M2 6AW. VAT Registration No. 50337 4571\n