Your SIPP Details

Current Age

Retirement Age

Years to Retire

Current SIPP Value

Monthly Contribution (before tax relief)

Set retirement target

Growth Assumptions

Pension Growth

8.90%

Management Fee

0.50%

Annuity Rate

4.80%

UK Inflation

2.80%

Rates are set via the UK Rates Table · Current scenario

Real Growth Rate

5.60%

8.9% growth − 0.5% fees − 2.8% inflation

Retirement Options

Take 25% tax-free lump sum at retirement

25% taken as tax-free lump sum (up to £268,275). Remaining pot generates monthly income.

Retirement Projection · 37 Years

Pension Pot at Retirement (67)

Pension pot projection£0

Inflation adjusted£0

Tax-free lump sum (25%)£0

Remaining for pension£0

Estimated Monthly Pension

£0/month

Annual: £0 · 4.8% annuity · Current

Inflation adjusted£0/month

Tax Relief Breakdown

Your Income Tax BracketAuto-detected

Income range:£12,571 – £50,270

Estimated from salary + bonus:£36,000/yr

20% added to pot at source. No further relief to claim.

Your payment£0

HMRC adds to pot (20%)+£0

Total into SIPP£0

Contribution Analysis

Pot Breakdown at 67

Years to retirement37 years

Starting SIPP value£0

Your contributions£0

Govt tax relief (pot)+£0

Investment growth+£0

Final SIPP Value£0

Pension Income

Annual pension (nominal)£0

Monthly pension (nominal)£0

Monthly pension (real)£0

Tax-free lump sum£0

Annuity rate used4.8% · Current

Complete SIPP Projection · Age 30 to 67

Growth: 8.9%·Fees: 0.5%·Net: 8.4%·Inflation: 2.8%·Scenario: Current

Age	Start Value	Contributions	Growth	End Value (Nominal)
31 Next year	£0	+£0	+£0	£0
32	£0	+£0	+£0	£0
33	£0	+£0	+£0	£0
34	£0	+£0	+£0	£0
35	£0	+£0	+£0	£0
36	£0	+£0	+£0	£0
37	£0	+£0	+£0	£0
38	£0	+£0	+£0	£0
39	£0	+£0	+£0	£0
40	£0	+£0	+£0	£0
41	£0	+£0	+£0	£0
42	£0	+£0	+£0	£0
43	£0	+£0	+£0	£0
44	£0	+£0	+£0	£0
45	£0	+£0	+£0	£0
46	£0	+£0	+£0	£0
47	£0	+£0	+£0	£0
48	£0	+£0	+£0	£0
49	£0	+£0	+£0	£0
50	£0	+£0	+£0	£0
51	£0	+£0	+£0	£0
52	£0	+£0	+£0	£0
53	£0	+£0	+£0	£0
54	£0	+£0	+£0	£0
55	£0	+£0	+£0	£0
56	£0	+£0	+£0	£0
57	£0	+£0	+£0	£0
58	£0	+£0	+£0	£0
59	£0	+£0	+£0	£0
60	£0	+£0	+£0	£0
61	£0	+£0	+£0	£0
62	£0	+£0	+£0	£0
63	£0	+£0	+£0	£0
64	£0	+£0	+£0	£0
65	£0	+£0	+£0	£0
66	£0	+£0	+£0	£0
67 Retirement	£0	+£0	+£0	£0

Table Notes

End Value: nominal future £ amounts (before inflation adjustment)
Growth: 8.9% gross minus 0.5% fees
Inflation Adjusted pot shown in Retirement Projection above

Key SIPP Information

Annual Allowance (2024/25): £60,000 total across all pension schemes
Tax Relief: HMRC automatically adds 20% basic rate relief to all contributions. Higher (40%) and additional rate (45%) taxpayers can claim extra relief via Self Assessment.
Access: From age 55 (rising to 57 from 2028) — 25% tax-free, remainder taxed as income
Flexibility: Full control over investments — flexible drawdown or annuity

Synopsis

This calculator projects how a Self-Invested Personal Pension (SIPP) grows to retirement, automatically adding the 20% basic-rate tax relief HMRC pays into every contribution, and letting higher and additional-rate taxpayers see the extra relief they can reclaim via Self Assessment. It models the £60,000 annual allowance — shared across all pension schemes, including any Workplace Pension — the option to take a 25% tax-free lump sum at retirement, and converts the final pot into an estimated monthly income using current annuity rates, with figures shown in both nominal and inflation-adjusted terms so you can judge what your pension will really be worth. If you're saving toward a first home rather than retirement, the Lifetime ISA calculator offers a 25% government bonus as an alternative.