pension calculators

A pension calculator is a tool that estimates how much money you might receive from your pension plan when you retire. By inputting details like your current savings, age, expected retirement age, and contribution amounts, it helps you understand whether you're on track to meet your retirement goals. These calculators consider factors such as investment growth, inflation, and pension rules. They provide a useful way to plan ahead, so you can make informed decisions about saving more or adjusting your retirement plans to ensure financial security in later life.