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Best Online Pension Calculator / Tool

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Is anyone able to recommend a good (free) online pension calculator / tool?
I've tried a number but none seem to be able to give me exactly what I'm after. I want to model drawdown of my DC pot, my 2 DB's and SP all starting at different ages. I also want to be able to vary the projected amount of drawdown year by year i.e. living off the TFLS or savings for the early years or when the DB's kick in.
Much appreciated.

Comments

  • cobson
    cobson Posts: 163 Forumite
    Seventh Anniversary 100 Posts
    This one will do it - there is an online version and a downloadable one, the latter will allow you to save scenarios:
    https://www.flexibleretirementplanner.com/wp/
    It is a US tool buts works fine if you just ignore the tax elements.  Leave the Annual Retirement Income on the main page as zero, click on Additional Inputs and enter your income streams in the bottom part of the window.  It will look at each years fixed income from DB, SP etc.  and calculate what you need to drawdown to meet your desired income.  It does Monte Carlo analysis, so it will run thousands of simulations with random returns and give you the stats.

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    You could try retireeasy.co.uk.  Very flexible, lots of options, some decent charting. There is a free version but worth paying the monthly charge  to get started. Once you are set up though you dont need to continue the subscription.
  • westv
    westv Posts: 6,450 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You could try retireeasy.co.uk.  Very flexible, lots of options, some decent charting. There is a free version but worth paying the monthly charge  to get started. Once you are set up though you dont need to continue the subscription.
    I don't think there's been a free version for some time now.
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