Retirement Wealth Check
retirementwealthcheck.co.uk · For illustrative purposes only · Not financial advice
Printed: 02 May 2026
Retirement Wealth Check
A snapshot of your complete financial picture. Update your profile here first to personalise every section.
Your Profile
Total Net Worth
£750,000
Assets minus liabilities
↑ Strong position
Monthly Surplus
£200
Income minus spending
✓ In the black
Pot Longevity
28 yrs
Savings + pension, after loans, with 5% growth & 3% inflation
✓ Well funded
Financial Wealth Score
75
/100
Good
Income vs Spending Overview
Monthly Income
£2,000/mo
Outstanding Loans
£0 outstanding
Monthly Spending
£1,800/mo
Key Recommendations
Strong savings position
Your pot should last well into your 90s at current spending levels.
Use your ISA allowance
£20,000/year can be sheltered tax-free. Consider moving savings into a Stocks & Shares ISA.
Review drawdown strategy
A structured drawdown plan could reduce your tax liability significantly.
Ready to turn these numbers into a real plan?
Retirement Wealth Check gives you the picture — a regulated independent financial adviser gives you the plan. Find a specialist who can review your pension, tax position, and investments in one place.
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Retirement Wealth Check
retirementwealthcheck.co.uk · For illustrative purposes only · Not financial advice
Printed: 02 May 2026
Retirement Pot Calculator
See how long your savings will last — and what growth looks like over time.
Your Inputs
Projection Results
Pot Value in 10 Years
£—
After withdrawals & growth
20 Year Value
£—
30 Year Value
£—
⚠️ Pot runs out in year 22 at this withdrawal rate.
Pot Growth Projection (Every 5 Years)
Retirement Wealth Check
retirementwealthcheck.co.uk · For illustrative purposes only · Not financial advice
Printed: 02 May 2026
Drawdown Planner
Plan how to take money from your pension in a tax-efficient way year by year.
Drawdown Settings
Drawdown Summary
Tax-Free Lump Sum Available
£45,000
25% of your pension pot
Pot Lasts Until
Age 93
Monthly Income
£1,000
Year-by-Year Drawdown Schedule (First 15 Years)
| Age | Year | Starting Pot | Withdrawal | Growth | End Pot | Status |
|---|
Retirement Wealth Check
retirementwealthcheck.co.uk · For illustrative purposes only · Not financial advice
Printed: 02 May 2026
Tax Allowance Optimiser
Make sure you're using every allowance available to you and not paying more tax than necessary.
Your Tax Inputs (2026/27)
Your Tax Bill Estimate
Estimated Annual Tax
£0
Based on your inputs
Potential Saving Available
£0
You're fully optimised!
Your Available Allowances (2026/27)
Personal Allowance
Tax-free income from all sources
Used: £0 of £12,570
£12,570
Savings Interest Allowance
Basic rate: £1,000 / Higher rate: £500
Used: £0 of £1,000
£1,000
Dividend Allowance
Tax-free dividends from shares
Used: £0 of £500
£500
Capital Gains Allowance
Tax-free gains from selling assets
Used: £0 of £3,000
£3,000
ISA Allowance
Shelter up to £20,000/year from all tax
Annual limit: £20,000
£20,000
Retirement Wealth Check
retirementwealthcheck.co.uk · For illustrative purposes only · Not financial advice
State Pension Optimiser
Understand your State Pension options and find the best claiming strategy for your situation.
Your State Pension Details
State Pension Projections
Annual State Pension
£9,628
At your current entitlement
If Deferred
£9,628
+0% uplift
Break-even Age
N/A
When deferral pays off
Deferral Comparison — Cumulative State Pension Received
| Age | Claim Now (£/yr) | Defer 1yr (£/yr) | Defer 2yrs (£/yr) | Defer 3yrs (£/yr) | Best Strategy |
|---|
Retirement Wealth Check
retirementwealthcheck.co.uk · For illustrative purposes only · Not financial advice
Equity Release Calculator
Understand how much equity you could release from your home, and the long-term impact on your estate.
📊
These figures are illustrative estimates only
The maximum release amounts shown are based on typical industry averages — actual offers from lenders will vary depending on your age, health, property type, and the lender's own criteria. Interest rates change regularly and may differ from the default shown. The only way to get an accurate figure is to speak to a qualified equity release adviser who can obtain real quotes from lenders on your behalf. Always use a provider registered with the Equity Release Council.
Your Property Details
Choose Your Release Option
🏠 Lump Sum Lifetime Mortgage
Release a fixed amount now. Interest rolls up until the property is sold.
£80,000 available
📅 Drawdown Lifetime Mortgage
Set a limit and draw down as needed — interest only accrues on what you use.
£80,000 limit
🏡 Home Reversion Plan
Sell a share of your property in exchange for a cash lump sum or income.
£40,000–£56,000 typical
Long-Term Estate Impact
Equity Released
£80,000
Debt After 10 Yrs
£149,000
Property in 10 Yrs
£430,000
Net Equity in 10 Yrs
£281,000
Important: Take regulated advice
Equity release is a major financial decision. Always speak to a qualified equity release adviser and use a provider registered with the Equity Release Council.
Retirement Wealth Check
retirementwealthcheck.co.uk · For illustrative purposes only · Not financial advice
Care Cost Planner
Plan ahead for potential care costs so they don't derail your retirement finances.
Your Care Planning Inputs
Care Funding Summary
Estimated Total Care Cost
£0
Based on your selections
State Support Threshold
£23,250
Below this, council may contribute
Your Self-Fund Status
Self-funding
Assets above threshold
Typical Care Costs in England (2026)
🏠 Home Care (part-time)
A few hours per week from a home care agency
£10,000–£20,000/yr
£200–£400/week
🏡 Residential Care Home
Full-time residential without nursing
£35,000–£55,000/yr
£675–£1,050/week
🏥 Nursing Care Home
Full-time care with qualified nurses on-site
£50,000–£80,000/yr
£960–£1,540/week
💊 NHS Continuing Healthcare
Fully funded if you meet the health threshold
FREE
Must be assessed by NHS
Planning tip
Consider a Lasting Power of Attorney (LPA) now, while you have capacity. This ensures someone you trust can manage your finances if you become unable to do so. Cost: ~£82 per LPA to register.
Retirement Wealth Check
retirementwealthcheck.co.uk · For illustrative purposes only · Not financial advice
Printed: 02 May 2026
Inheritance Tax Planner
Calculate your potential IHT liability and explore ways to reduce it — based on current 2026/27 UK government rules.
Your Estate Details
Your IHT Calculation
Estimated IHT Bill
£0
Based on your inputs
Total Estate
£500,000
Tax-Free Allowance
£500,000
Taxable Amount
£0
IHT Rate
40%
Your Allowance Breakdown
2026/27 Inheritance Tax Rules — Key Facts
🏦
Nil-Rate Band
The first £325,000 of your estate is completely free of IHT. This has been frozen until at least 2030.
🏠
Residence Nil-Rate Band
An extra £175,000 allowance if you leave your main home to direct descendants (children, grandchildren).
💑
Spouse Exemption
Everything left to a spouse or civil partner is 100% exempt from IHT. Their unused allowance passes to you too.
📉
Standard IHT Rate
40% is charged on everything above your tax-free threshold. This reduces to 36% if you leave 10%+ to charity.
🎁
Annual Gift Allowance
You can give away up to £3,000 per year free of IHT. Gifts to individuals are exempt if you survive 7 years after making them.
💼
Pensions & IHT
From April 2027, unused pension pots will be included in your estate for IHT. This is a significant change — seek advice.
Ways to Reduce Your IHT Bill
Give gifts during your lifetime
You can give away £3,000 per year completely free of IHT. Gifts to individuals become exempt after 7 years. Regular gifts from surplus income (not capital) are also exempt.
Write a Will and keep it updated
Without a Will, your estate is distributed under intestacy rules which may not reflect your wishes and could create unnecessary tax. A basic Will costs around £150–£300 from a solicitor.
Consider a trust
Placing assets into a trust can remove them from your estate for IHT purposes. This is complex and requires professional advice, but can be very effective for larger estates.
Leave your home to your children
Make sure your Will specifies that your main home goes to your direct descendants to claim the full £175,000 Residence Nil-Rate Band on top of your standard allowance.
Donate to charity
Leaving 10% or more of your net estate to registered charities reduces your IHT rate from 40% to 36%, and the charitable gift itself is fully exempt.
Seek specialist advice
IHT planning is complex and the rules change regularly. These figures are illustrative only. Always consult an FCA-regulated financial adviser or solicitor before making IHT planning decisions.