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How Much Can I Drawdown and For How Long?

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  • Albermarle
    Albermarle Posts: 29,633 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I currently assume no real growth, in other words, the pot grows to match inflation and its value is maintained.

    I find the various pension calculators confusing when it comes to growth rates. So if the assumed inflation rate is 2% and the growth rate is 5%, is the real growth rate 3% (less a % for fees) applied to the pot?
    Yes, simple as that.
    Normally a cautious but realistic approach would be to work on 1% or 2 % real growth.
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