Pensions and income
Model DC pensions, DB pensions, State Pension, annuities, employment income, rental-property income and other recurring income.
Pension Planner brings pensions, investments, tax, spending and future events into one coherent household forecast. Start with the essentials, then add tax, drawdown and resilience detail when you need it.
A useful retirement forecast can be built from a small set of understandable inputs. Tax-year precision, crystallisation, capital events and other specialist controls remain available without getting in the way.
Advanced features are progressively disclosed rather than forcing every user through a complex setup process.
Pension Planner keeps the main forecast in today’s money so the spending path remains understandable, while also showing the future-pound view when you want to see the nominal scale of later cash flows.
Pension Planner treats retirement spending as a household requirement while keeping UK tax ownership individual. The automatic strategy compares modelled funding routes across partners and account types; it does not assess whether a route is suitable for an individual user.
A single average-return path is useful, but it is not the whole story. Monte Carlo analysis shows how the plan behaves across many simulated investment paths and highlights the impact of weak or strong returns early in retirement.
Retirement planning is rarely about one forecast. Scenario copies make it easier to compare different retirement dates, spending plans or assumptions without losing the original baseline.
On Mac, Annual Detail uses the wider screen to show income and tax alongside portfolio funding and closing assets. Specialist pension detail remains available without dominating the main annual cash-flow story.
Pension Planner is a what-if modelling tool rather than a recommendation engine. Build a base case, understand the mechanics, then test alternatives.
Model DC pensions, DB pensions, State Pension, annuities, employment income, rental-property income and other recurring income.
Compare manual funding with a tax-efficient household strategy that considers both partners, pension tax, tax-free capital and GIA tax effects.
Track taxable General Investment Accounts with pooled acquisition cost, dividend tax, realised gains and modelled Capital Gains Tax.
Stress-test retirement funding across many simulated return paths and explore sequence-of-returns risk.
Estimate a modelled earlier-retirement spending level consistent with a chosen success target and the assumptions entered.
Use dates of birth, valuation dates and exact event dates to place income, contributions and withdrawals into UK tax years.
The modelling engine combines household inputs, tax rules and planning assumptions year by year, then turns the result into dashboards, detailed cash flows and decision-support outputs.
Pension Planner models a GIA explicitly, including annual dividends, pooled acquisition cost, disposals, realised gains and modelled Capital Gains Tax.
Pension Planner cannot know every feature of a pension arrangement, investment, tax position or personal circumstance. For material decisions, verify the underlying data, check current HMRC and provider rules, and consider appropriate regulated financial or tax advice.
Read the full disclaimer →Visit Support for troubleshooting, Model Health guidance, feedback and contact information.
SupportRead the privacy and local-data explanations before using or sharing sensitive retirement scenarios.
Data & Security