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Children's Pension calculator

The Money Advice Service is impartial and backed by the Government. Their pensions calculator is a useful tool which can help you understand your child's future pension income. Its also a good way to see how much saving even modest amounts in a Children's Pension could add up to over time.

Using the Money Advice Service pension calculator

The calculator will ask you about your current standard of living; existing pension savings (e.g. a workplace pension); and then it will show you how much you are likely to receive in retirement.
You can then adjust how much you'd like to save in a Personal Pension and see how much extra retirement income this gives you.
The calculator makes a number of assumptions about the future, you can view these with the results of your calculation.
The calculator assumes you will buy an annunity (a guaranteed retirement income) but because of changes to Pension regulations you now have more flexibility on how you spend your pension e.g. you can withdraw lump sums, leave it invested or mix and match options.

We have two options available for you to consider

Straightforward option

No difficult decisions about what to invest in - a simple way to save for your child's retirement.

More information and apply

Choose your own option

Choose from five funds.

More information and apply

Like to talk to us?

Speak to one of our pension experts now.

03456 10 20 40

We're here:
8am – 9pm, Monday to Friday
9am – 6pm, Saturday
Sorry, we're not open on bank holidays.

Call charges and information

Number	Cost
03 numbers	Same as calls to 01 or 02 numbers and they are included in inclusive minutes and discount schemes in the same way.
084 numbers	Maximum of 7p per minute, plus your phone company's access charge.
087 numbers	Maximum of 13p per minute, plus your phone company's access charge.
0800 numbers	Free from UK landlines and personal mobile phones.

Calls may be recorded for training and quality purposes.