Scottish Retirement Planner

Pensions, savings and State Pension forecast · Scottish income tax 2026/27 · Designed by Will Dickson

For illustrative guidance only. This is not financial advice. Figures are estimates based on the assumptions you enter. Speak to a regulated financial adviser before making decisions about your pension.

1About you
Include a partner
Plan as a couple with combined household income
2Pensions

Up to 5 per person. Pot = defined contribution (a fund you build up). Final salary = defined benefit (pays a set yearly income). Find old pots via the free Pension Tracing Service.

3Savings & investments
Cash savings outside ISAs (household)

Interest above your tax-free savings allowances is taxed. Pension lump sums land here first.

ISAs (household)

Stocks & shares ISAs, growing at the market scenario rate. Growth and withdrawals are tax-free.

ISA schedule
Move spare cash into ISAs each April
Every tax year from now on, while working and in retirement. Cash above your "keep in cash" amount moves in, up to the allowance left after your monthly ISA payments.
£20,000 a year (2026/27)
Emergency fund, today's £
4Retirement goals
Target lifestyle (after-tax, today's money)
Spending falls with age
Many people spend less on travel and activities in their late 70s and 80s
One-off costs (optional)

Today's money, at your age. E.g. a new car, a kitchen, helping children with a house deposit.

Home & inheritance
Less any mortgage, today's £
Home goes to children or grandchildren
How to take your 25% tax-free pension cash
5Market & growth assumptionsEditable

Your own view of the future. Official rates and allowances are in section 6. Growth rates are before inflation and before fees. Change any figure to test your own view.

Investment growth scenarios (a year)
Economy
CPI now 3.5%; BoE target 2%
Triple lock: highest of earnings, CPI or 2.5%
Yearly increase in what you pay in
Risk & annuities
Typical yearly swing. About 10% for a balanced fund, 15% for mostly shares.
Yearly income per £100 of pot. Blank = rough estimate for your age.
Starts lower, rises with prices
Tax thresholds frozen to April 2031
Then they rise with inflation
6Rates & allowances

Fetches the latest official figures from GOV.UK and the ONS. Anything that can't be fetched can be typed in below. Only public pages are read; none of your details are sent.

Economy
Bank of England · enter by hand
ONS
Pensions & allowances
£ a week
Tax-free income a year
Most tax-free pension cash per person
Per person a year
Scottish income tax bands 2026/27
BandIncome up toRate

Total taxable income, for someone with the standard personal allowance. Leave the top band's limit blank.

Market scenarios

Pick one to drive the charts below
Show

Market risk

Income in retirement

After tax, by source, each year

Tax-free cash: compare the options

Income tax paid each year in retirement

ISA schedule

Annuity comparison

A guaranteed income for life instead of drawdown

What you could leave

Inheritance tax estimate

Savings & pensions over time

Total value

Key dates

What this means

Year-by-year table
How this is calculated