What income will my pension pot give?
The after-tax income each pot gives someone retiring at 67 today with the full State Pension, lasting to 95 in today's money. Pick a pot for retirement ages from 57 to 70, tax-free cash and the tax on cashing it in.
| Pension pot | Income a year | A month | Cautious, a year | Tax-free cash |
|---|---|---|---|---|
| £10,000 | £12,756 | £1,063 | £12,557 | £2,500 |
| £20,000 | £13,176 | £1,098 | £12,841 | £5,000 |
| £25,000 | £13,382 | £1,115 | £12,964 | £6,250 |
| £30,000 | £13,596 | £1,133 | £13,091 | £7,500 |
| £40,000 | £14,015 | £1,168 | £13,358 | £10,000 |
| £50,000 | £14,427 | £1,202 | £13,610 | £12,500 |
| £60,000 | £14,847 | £1,237 | £13,890 | £15,000 |
| £75,000 | £15,472 | £1,289 | £14,264 | £18,750 |
| £100,000 | £16,518 | £1,376 | £14,905 | £25,000 |
| £125,000 | £17,563 | £1,464 | £15,573 | £31,250 |
| £150,000 | £18,608 | £1,551 | £16,209 | £37,500 |
| £175,000 | £19,661 | £1,638 | £16,858 | £43,750 |
| £200,000 | £20,706 | £1,726 | £17,511 | £50,000 |
| £250,000 | £22,797 | £1,900 | £18,789 | £62,500 |
| £300,000 | £24,887 | £2,074 | £20,075 | £75,000 |
| £350,000 | £26,978 | £2,248 | £21,419 | £87,500 |
| £400,000 | £29,068 | £2,422 | £22,709 | £100,000 |
| £450,000 | £31,158 | £2,597 | £24,008 | £112,500 |
| £500,000 | £33,249 | £2,771 | £25,294 | £125,000 |
| £600,000 | £37,361 | £3,113 | £27,911 | £150,000 |
| £700,000 | £41,298 | £3,441 | £30,489 | £175,000 |
| £750,000 | £43,198 | £3,600 | £31,808 | £187,500 |
| £800,000 | £45,044 | £3,754 | £33,079 | £200,000 |
| £900,000 | £48,660 | £4,055 | £35,640 | £225,000 |
| £1,000,000 | £51,933 | £4,328 | £38,139 | £250,000 |
| £1,250,000 | £59,608 | £4,967 | £43,950 | £268,275 |
| £1,500,000 | £66,925 | £5,577 | £49,410 | £268,275 |
| £2,000,000 | £79,552 | £6,629 | £58,809 | £268,275 |
Income includes the full State Pension and assumes balanced investments with average returns. The cautious figure lasted to 95 in 9 out of 10 of 1,000 simulated markets. Not personal advice.
Official sources
Every rate and threshold on this page is checked against these official pages. How we calculate
- The new State Pension: what you'll get (GOV.UK)
- Tax on your private pension: lump sum allowance (GOV.UK)
- Plan your retirement income (GOV.UK)
- Retirement Living Standards (Pensions UK)
Updated