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                      PENSION CALCULATOR
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Estimate your retirement income based on current savings, 
contributions, employer match, and assumed growth rate.

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                            INPUTS
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- Current age
- Retirement age
- Current pension pot
- Monthly employee contribution
- Monthly employer contribution
- Expected annual growth rate (after fees)
- Expected annual inflation rate

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                           OUTPUTS
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- Estimated pension pot at retirement
- Estimated annual retirement income (before tax)
- Estimated annual retirement income (after tax, assuming 20% tax)

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                          ASSUMPTIONS
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• Growth compounded annually
• Contributions made monthly
• Inflation reduces purchasing power

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                           HOW TO USE
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1. Fill in your details in the INPUTS section above.
2. Use a spreadsheet or calculator to apply the formulae:
   - Future value of current pot: PV × (1 + growth)^years
   - Future value of monthly contributions: 
     PMT × [((1 + r)^n – 1) / r] × (1 + r)   [if contributions at start of month]
   - Add employer contributions similarly.
   - Adjust final pot for inflation to get today’s purchasing power.
   - Apply a withdrawal rate (e.g., 4%) to estimate annual income.
   - Deduct tax (assumed 20%) for after‑tax income.
3. Adjust assumptions to see how changes affect your outlook.

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                           NOTE
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This is a simple projection tool. Actual returns vary; 
consider speaking to a financial adviser for personalised advice.

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