Pension Shortfall Calculator Many people find they have a shortfall when they come to check their current pension savings. Prehaps you didn't start saving early enough or haven't saved enough of your salary each month, which has resulted in a gap in your pension savings . Get a quick view on how much your pension shortfall could be using our simple pensions calculator. Pension Shortfall Calculator Annual Pension Fund Growth (%) Annual Inflation (%) Average Annuity Rate (%) Gross Monthly Premium (£) Single Premium/Current Fund Value (£) Your Age (Years) Desired Retirement Age (Years) Desired Retirement Income (£) Your Results Note: Annual Management charges, and New Investment charges are ignored.This is a generic calculation that does not take into account the individuals circumstances, it should not therefore be relied on. Newcastle Building Society introduces to Newcastle Financial Advisers Limited for investments, pensions, inheritance tax planning, financial advice and life cover. Newcastle Financial Advisers Limited is an appointed representative of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.