Trying to calculate the value of your future pension fund is both an interesting and worthwhile exercise. Doing so is likely to help you get a better understanding of whether or not you are saving enough money for the lifestyle you aspire to have when you retire.
Recent polls have indicated that only 16% of people in the UK save enough money to maintain their standard of living when they retire and UK workers under save for retirement by more than £11 billion a year (Financial Times 17Oct16)
The Money Advice Service offers free and impartial advice and there is an excellent pension calculator available on their website. Click here to try it out!
The sooner you start saving at the right level, the more comfortable you are likely to be in retirement!