It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

# Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
• FIRST POST
• TheShape
• By TheShape 12th Aug 18, 5:08 PM
• 1,431Posts
• 1,308Thanks
TheShape
This is related to a calculation I'm trying to make re pension provision. I've not put it in the pension forum as it's not a question re pensions or pension schemes.

I'm looking for a calculator or an easy way to calculate how much income I can draw over a fixed period of time from a fixed capital sum while reducing the capital sum to zero.

Background: I can estimate reasonably well my income from State pension age from state pension and DB pensions but want to work out what income i can take from SIPP/LISA/ISA over various time-frames previous to this.
Page 1
• masonic
• By masonic 12th Aug 18, 5:14 PM
• 11,057 Posts
• 8,568 Thanks
masonic
You mean something like http://www.cfiresim.com/ or https://www.firecalc.com/index.php ?
• Zero Sum
• By Zero Sum 12th Aug 18, 5:15 PM
• 734 Posts
• 595 Thanks
Zero Sum
Its exactly the same as a mortgage calculator.
Put in capital, rate & time. The result is your income
• ColdIron
• By ColdIron 12th Aug 18, 5:20 PM
• 4,927 Posts
• 6,563 Thanks
ColdIron
HL have this
https://www.hl.co.uk/pensions/drawdown/calculator

A stack of calculators here
http://www.candidmoney.com/calculators/
• TheShape
• By TheShape 12th Aug 18, 7:12 PM
• 1,431 Posts
• 1,308 Thanks
TheShape
Its exactly the same as a mortgage calculator.
Put in capital, rate & time. The result is your income
Originally posted by Zero Sum
I think this does exactly what I need.
• TheShape
• By TheShape 12th Aug 18, 7:16 PM
• 1,431 Posts
• 1,308 Thanks
TheShape
Thanks ColdIron,

I've tried the HL drawdown calculator but it a pain as I have to pretend I'm at least 55 and mess about with the monthly income levels to try to get it to run the capital down over 2,3,4,5 etc years.

The other calculators similarly need a lot of messing about with.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Live Stats

144Posts Today

1,516Users online