These SIPP Calculators Could Make You A Fortune

These SIPP Calculators Could Make You A Fortune
Red Sea Egypt by Julian Cohen. Why?

Collated from a variety of sources are some of our favourite calculators to help you get to grips with various aspects of your SIPP and your other pensions

Calculators To Help You Get A Handle On Every Aspect Of Your SIPP

At the time of publishing, these calculators are all free to use.  Most of them are UK-focused.  But if you find any of the calculators display their numbers in dollars, simply imagine a pound sign and you won’t go far wrong.

As these calculators are independent of SIPPclub, it’s not been possible for us to check the accuracy of the information.  And whilst each calculator might give you a good guide to a particular aspect of your SIPP, it’s important to check the assumptions being used reflect your own circumstances and requirements.

Do have a play with all these calculators, and above all, have fun.


How Fees And Charges Reduce Your Net Return

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In the long-standing ‘active versus passive’ investing debate, this calculator highlights the dramatic effect fund manager charges, broker and platform charges, product and wrapper charges and adviser charges can have on a fund or portfolio.

Your Projected Retirement Income From All Your Pensions

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Use this calculator to check where you are today with your pensions, including defined benefit and defined contribution schemes and your State Pension.  It also allows you to run a number of ‘what ifs’ if you discover your projected income is less than you’d like.

The Compound Interest Return Of An Investment

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If you’re looking at more than one investment, the best way is to compare the returns quoted on a compound interest basis.  Input the projected return from each investment into this calculator and it'll work out your annual compound interest return.

How Contributions Could Grow Your SIPP

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This calculator will work out your likely fund value at your chosen retirement age, and how much you could spend in retirement.  It also illustrates how much more you might have if you make small annual increases to your contributions.

The Tax Free Cash And Income Your SIPP Might Produce

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Use this calculator to estimate the future fund value of your SIPP, your tax free cash and the retirement income it might produce.  If you’re short of your target, you can see the effect of increasing your contributions or delaying your retirement.

How Long Your SIPP Fund Might Last

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Building a decent SIPP fund is all very well.  But will your saving last long enough to see you and your family through your retirement?  This simple calculator will give you a good guide, and if you want a more accurate figure, there’s a more detailed version available.

The Chance Your SIPP Fund Will Die Before You

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Using 5,000 simulated potential market scenarios of various lengths, intensities and combinations, this calculator will provide you with a long-term projection to see if and when your SIPP fund is likely to be exhausted.  Make changes and you’ll see the impact on your results.

Get A State Pension Statement

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You can use this calculator to get an estimate of the State Pension you’ll receive when you reach State Pension age.  If the figure isn’t available onscreen, you’ll be pointed to the department you need to contact to obtain an accurate State Pension forecast.

Compare The Best Annuity Rates

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Although annuity rates are very low, annuities can make sense if you want the security of a fixed income without the hassle and risks of managing your money.  This excellent calculator doesn’t just compare annuity rates, it explains everything about annuities too.

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AJ Bell Is Often The Best Value SIPP For Stockmarket Assets

That's our opinion.  Not just because AJ Bell was the first company to offer an online SIPP.  Nor that it's received many prestigious awards.  And not even because the wife of SIPPclub's Founder has an AJ Bell SIPP.  It's because it's one of the most competitive stockmarket SIPPs on the market. 

Over time, charges can wipe out a huge part of your fund.  We like AJ Bell because there are no set-up costs.  If you hold passive funds, which is our preference, or shares, investment trusts, EFTs, gilts or bonds, you pay one small fixed fee no matter how large your fund.  And when you come to draw your benefits either as occasional drawdown or UFPLS payments, there's a small charge for the whole year no matter how many times you access your money (many SIPP and SSAS providers charge more than this for each payment).  However, you should always compare charges in detail, because AJ Bell could be more expensive than other providers, depending on the type of stockmarket assets you hold.

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IMPORTANT NOTE: NOTHING FEATURED ON SIPPclub IS EITHER AN IMPLIED OR A SPECIFIC RECOMMENDATION TO MAKE, OR TO REFRAIN FROM MAKING A FINANCIAL DECISION.  THIS PAGE HAS NOT BEEN APPROVED AS A FINANCIAL PROMOTION.

As SIPPclub neither advises on, nor arranges, nor recommends specific investments or strategies, we're unable to say whether a SIPP or SSAS or any investment within it is right for you. Ultimately, it’s your money and your decision, and you should only proceed once you're satisfied you've undertaken sufficient due diligence. If you need advice, you should speak to your trusted adviser, or you could find a local adviser from Unbiased.co.uk.  Alternatively, we'd be pleased to introduce to a suitably qualified independent financial adviser.

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