A retirement calculator is a simple tool that allows you to figure out how much money you will need after you retire from paid, active work.
The retirement calculator takes personal details like age and desired retirement age, details of current income, savings and investments, and expenses. Based on these details, it calculates how much money you will need to grow your wealth for a hassle-free post-retirement life.
The pension calculator then helps you choose the right pension plan you can start investing in towards meeting your financial goals post retirement.