Basic State Pension 2007/08

For the year 2007-8 the annual payment is £7259 for a couple and £4540 for a single person. Because they are only increased in line with inflation they will not keep pace with earnings, and will, relatively speaking decline in value over the years to come.

Use this calculator to get a very rough idea as to how valuable the Basic State Pension will be in the future into your retirement.

 

Number of years to age 65:

Rate at which you expect your salary to outpace inflation. Eg if you expect inflation to be 3% and salary increases to be 4% enter 1:

    

Salary:

Couples or Singles pension expected?:
 
 

Value of pension today as percentage of salary:

% of salary

At age 65:

% of salary

At age 75:

% of salary

At age 85:

% of salary

At age 95:

% of salary

 

This calculator, and the figures shown by it, are for illustrative purposes only and should not be relied on. For more detailed information based on your own circumstances, please speak to your financial adviser.
 
 
K Financial Ltd. 2 Croft Road, Swindon, Wiltshire, SN1 4DG . Company Registration Number 3989546. Authorised and regulated by the Financial Services Authority. The guidance and/or advice contained within this website are subject to the UK regulatory regime, and are therefore targeted at consumers based within the UK.