Calculator
Step 1 Inputs Given:
DOB: 28-09-1963
Age: 65
Current fund: 10000
FV Date: 29-04-2025
Anual Return: 5
Inflation: 2.5
Step 2 Retirement Date:
Step 3 Calculation Results:
Total FV @ DOR: €10500
PCLS: 2625
Remaining Balance : 7875
Step 4 Total FV @ DOR:
Rate to use 0.0795
Pre Com Pen €800
Estimated Annual Pension after PCLS €600
Step 5 Contribution Results:
Total Amount Contributed: £330659.54
Fund Value (Nominal): £582893.00
Investment Growth: £252233.45
Contribution Grown(Real, Inflation-Adjusted): £355722.66
OutComes
If you retire in 15 years, your total SSAS fund at retirement is projected to be £780,000. Over this period, you will have made total contributions of £375,000, benefiting from £93,750 in tax relief.
Thanks to tax-free growth, your fund will have increased by £210,000. At retirement, you will be eligible to withdraw a tax-free lump sum of £195,000, leaving £585,000 available for drawdown.
Based on your planned annual drawdown of £24000, your retirement fund is projected to last approximately 5 years and 6 months before being fully depleted.
