This modeller allows you to view the effect of taking differing amounts of cash and pension. Any cash that you choose to take at retirement is tax free, however the maximum amount you can take is limited by law. Any pension figure quoted is subject to tax deductions.

This modeller should only be used if you intend to retire before 1 April 2022. If you intend to retire on or after this date please use our other Benefit Conversion Tool.

Please enter the information as shown on your retirement statement below.

Benefit Conversion Modeller