Looking for drawdown calculator recommendations

scdandem

Hi, I get my state pension next year, ten years before my wife. We would like to retire together so I am looking for an online calculator to help. There are a few out there but I haven't found one that fits the bill yet.

We have £196k in personal pension pots to use to bridge the gap between DB pensions and our ideal income and need to calculate what will be left of the original pot after 10 years of withdrawal at a specified % rate, and a specified inflation rate, so I can then see how long the remainder of the pot is likely to last / what a safe withdrawal rate might be thereafter.

I know nothing will be set in stone but need to have some ball park figures to see what's doable.

Cheers

eskbanker

scdandem said:

I am looking for an online calculator to help. There are a few out there but I haven't found one that fits the bill yet.

To avoid people reinventing wheels, it would probably be worth identifying which ones you've eliminated and in what way they were deficient compared with your expectations.

You might also consider posting your question on the pensions board instead:

https://forums.moneysavingexpert.com/categories/pensions-annuities-retirement-planning

scdandem

Oops, thought I was on that board. I'll repost.