About Spend My Pension
Why we built a simple retirement planning tool and made it free for everyone to use.
We built this for our mum
Our mum had NHS pensions, SIPPs, inherited SIPPs in drawdown from our late dad, ISAs, cash savings, state pension — each with different tax implications — and a desire to move house. She had no idea whether she could afford any of it.
So she and our brothers sat down with a financial adviser. His solution? A yearly fixed percentage fee to put her numbers into a spreadsheet. For a woman who just wanted to know: "Can I afford to move?"
We thought there had to be a better way. The fundamental questions aren't complicated: "How much do I need each month?" "What income will I have?" "How long will my savings last?" These are simple questions that deserve simple, clear answers — not a £3,500 report.
"We were quoted £3,500 for a retirement analysis that would take 6 weeks to complete. All we wanted to know was whether we could afford to retire at 65 or needed to work until 67."
— One of our parents
So we built what we wished existed: a tool that takes your real numbers — your actual pensions, your savings, your monthly spending — and shows you exactly what happens year by year. No black box calculations, no industry jargon, no recurring fees.
We made it specifically for UK retirees because most tools assume US tax systems and don't properly account for the reality of UK retirement: State Pensions, NHS pensions, ISAs, SIPPs, inherited drawdown pots, cash savings — all taxed differently. We wanted something that handled the messy reality of actual retirement finances in Britain.
Who We Are
We're a small team who were frustrated by the complexity and cost of retirement planning tools. We believe financial planning should be accessible to everyone, not just those who can afford expensive advice.
Our Approach
We focus on transparency and simplicity. Every calculation is visible, every assumption is explained, and you can see exactly how we arrive at our projections. No hidden algorithms, no mysterious risk models.
Why We Keep It Free
We believe basic retirement planning shouldn't be a luxury service. Everyone deserves to understand whether their retirement plans are realistic, regardless of their ability to pay for financial advice.
The tool is supported by small, non-intrusive advertisements. Your financial data never leaves your browser — all calculations happen locally on your device. We never see your personal information, and we never sell or share any data.
We're not financial advisors, and this tool isn't intended to replace professional advice for complex situations. But for the fundamental question — "Will I have enough money?" — we provide a clear, honest answer based on your real numbers.
Your Privacy Matters
All calculations happen in your browser. Your financial information is never transmitted to our servers, stored in databases, or shared with anyone. When you close your browser, your data is gone unless you choose to save it locally.
Ready to Plan Your Retirement?
See what we built for our parents — and now offer to everyone. Get clear, honest answers about your retirement prospects in minutes, not weeks.