Pensions




“The question isn't at what age I want to retire, it's at what income.” 


Source: George Foreman - World Heavyweight Boxing Champion, Olympic gold medalist, ordained Baptist minister, author and successful entrepreneur





Why you “must” have a Pension – now not later!



 

No. 1 - Welcome to the Pension Calculator

The Pension Calculator is a tool to help you work out how much retirement income you might receive from the amounts you save.


NB: The Financial Services Authority and the Association of British Insurers supply the Pension Calculator. This link will take you away from the Temple Bar website and as such Temple Bar is not responsible for the content and or calculations thereof. 

Copyright Temple Bar Independent Financial Advice Ltd

No. 2 - Welcome to the Pension Annuity Calculator

The Pension Annuity Calculator is a tool to help you work out how much retirement income you might receive from the pension annuity you may purchase save.


No. 3 - Welcome to Our Drawdown 
Calculator


Drawdown Calculator

This calculator is designed to work out the maximum income that you could take from your pension fund based upon factors such as your age, gender and the current Gilt Index Yield.

Note: The calculation provides a pension before deduction of any income tax.

Pension Fund (£)
Sex
Your Age
Current Gilt Index Yield (%)
 
 
Maximum Annual Pension Income (£)
 
Notes

All of the fund you entered will be used to provide a yearly income before tax.

The yearly income before tax is the maximum yearly income allowed by legislation

The income will/has been calculated using factors specified by the Government with a gilt index yield of 3.75%, last updated 06/06/2011
 

This is a generic calculation that does not take into account the individuals circumstances, it should not therefore be relied on.