Tools

Drawdown Calculator

Model how long your pension could last. Adjust income levels, growth assumptions, and see your projected fund over time.

How it works

From first estimate to a personalised drawdown plan in three steps

1. Enter your pension value

1. Enter your pension value

Input your total pension pot to see how far your money could stretch under different withdrawal rates and growth assumptions.

2. Adjust income and growth

2. Adjust income and growth

Set your desired annual withdrawal and expected investment growth to model how long your pot could last including best and worst-case scenarios.

3. Speak to an adviser

3. Speak to an adviser

An IFA reviews your personalised results, stress-tests your withdrawal strategy, and builds a drawdown plan aligned to your retirement goals.

Where your money goes

Trusted platforms. Award-winning investments.

Your drawdown pension is managed through two best-in-class providers a Defaqto award-winning investment manager and the UK's largest insurance platform.

Defaqto Expert RatedFSCS Protected
Timeline Logo

GBP10 billion in assets under management. Timeline's globally diversified portfolios are built on Nobel Prize-winning academic research, monitored quarterly, and priced at a fraction of comparable firms.

Why we chose Timeline
Aviva

Your pension is held on the Aviva Platform one of the UK's largest and most trusted providers. You can log in at any time to view your fund value and monitor performance.

Aviva platform

Transparent pricing

What you pay with Pense

We compared our fees against industry averages from a range of firms. The difference compounds significantly over a retirement lasting decades.

Item
Industry Average Annual Charge
Pense Annual Charge
Annual Saving
Portfolio Charge
0.49%
0.09%
0.40%
Discretionary Fund Management (DFM)
0.37%
0.09%
0.28%
Platform Fee
0.25%
0.20%
0.05%
Ongoing Financial Advice Fee
0.64%
0.50% (max £750)
0.14%
Total Annual Charge
1.75%
0.88%
0.87%

*Indicative annual charges based on industry averages. Actual fees vary based on pot size and selected services.

Ready to model your drawdown?

Enter your pension value, set your target income, and see how your fund could perform over a 20 or 30-year retirement.

FAQ's

Everything you need to know about pension drawdown