Pension Reality

The auto-enrolment minimum won't give most people the retirement they imagine. See what your pension is really on track to deliver — and the gap.

The 8% minimum builds far less than the "comfortable" retirement standard

You

State pension age is 67
Add up old workplace pensions — use the gov.uk Pension Tracing Service if unsure

Your contributions

Total contribution (you + employer) 8%
8% (min)15%30%
8% is the legal minimum (5% you + 3% employer). A common guide: contribute half your starting age — so from 30, aim for 15%.
Auto-enrolment only counts earnings between £6,240 and £50,270

Growth & state pension

5% is a common moderate assumption after charges, in real terms (i.e. after inflation — consistent with the rest of this tool, which works in today's money).
Check your forecast at gov.uk/check-state-pension
Your projected retirement income
per year, including state pension
How that compares (PLSA standards, single person)
PLSA Retirement Living Standards 2026, single person. Your projected income marked in green. Note: PLSA figures are after-tax; your figure above is before tax, so your real-world position may be slightly below what's shown here.
Your numbers
Pension pot at retirement
Income from pot (4% a year)
State pension
Total annual income
That's per month
Years of contributions
Your pot growing to retirement
Contributions plus compound growth over time
Closing the gap
What this means Enter your details above.
For illustrative purposes only. Not financial advice.
Figures in today's money, before inflation. Investment growth is a real (after-inflation, after-charges) rate. State pension £12,548 and PLSA standards per 2026/27 data. Real outcomes depend on investment returns, contribution changes and future policy. Speak to an FCA-regulated adviser for personal guidance.