A pension calculator aims to
help you understand the basic principles of a pension and how
payments and time frames affect your final value. Pensions are
VERY complex and are affected by many factors not covered by
a
calculator. It should not be used as the basis for choosing or
starting a specific pension, you should always do that with
the
help of an Independent Financial Adviser.
For this reason we have not
included a pension calculator directly into this resource but
have instead identified a pension calculator which is from a
third party. We have ensured that this calculator is from an
independent
organisation with nothing to try and sell you.
Before you use any calculator
consider the following:
Decide how much you can afford
to save each month.
Decide when you want to retire.
Think about the level of retirement
income you are going to need. Remember, your circumstances
may well be very different from those you have today.
Please note: that the ABI are in no way connected
with any participants responsible in producing this resource and
that you will be transferred to the ABI site and associated pension
calculator.
If
you would like to found out more about pensions why not
take a look at these sections of 'Money matters to me' first and
then return here to link to the pension calculator of your choice.
