Piggy Bank to Pension

Junior SIPP Calculator

Choose whether contributions run to retirement or stop at age 18, then see the potential retirement income compared with the State Pension.

Monthly contribution (£): 50Growth rate (annual): 5.0%Inflation (annual): 2.5%Retirement age: 67Contribute until age 18 only (then growth only)

Assumed safe withdrawal rate (real)4.0% of pot per year (today's £)State Pension (weekly, editable)Defaults to a recent full rate; update if needed.

Total contributions

£0

18 years

Pot at 67 (today's £)

£0

Nominal pot: £0

Approx. real growth / yr

2.4%

(= growth - inflation)

Income from Junior SIPP (today's £)

Annual

£0

Monthly

£0.00

State Pension (editable)

Annual

£0

Monthly

£0.00

Combined income (SIPP + State Pension)

Annual (today's £)

£0

Monthly (today's £)

£0.00