Disclaimer

Please read this carefully before using any calculator on this site.

Not financial advice

Nothing on pennydropped.co.uk constitutes financial advice. All calculators, figures, projections, and commentary are provided for educational and illustrative purposes only. Penny Dropped is not authorised or regulated by the Financial Conduct Authority (FCA). We do not provide personalised financial advice.

If you require financial advice tailored to your personal circumstances, you should consult a qualified financial adviser who is authorised and regulated by the FCA. You can find a regulated adviser at register.fca.org.uk.

Illustrative purposes only

All figures produced by calculators on this site are illustrative only. They are based on simplified mathematical models and assumptions, including but not limited to constant growth rates, fixed interest rates, and regular contributions. Real-world outcomes will differ — often significantly.

Calculators do not account for: inflation, tax (including Income Tax, Capital Gains Tax, or Inheritance Tax), investment platform charges, product fees, changes in contribution levels, changes in tax rules, changes in ISA or pension allowances, or any other real-world variable.

Investments can fall in value

The value of investments, including ISAs, pensions, and shares, can fall as well as rise. You may get back less than you put in. Past performance is not a reliable indicator of future results. Growth rates shown in calculators are assumptions only and are not guaranteed.

Mortgage and property figures

Mortgage calculators assume fixed interest rates, repayment mortgages, and no Early Repayment Charges. They do not account for rate changes, lender-specific overpayment policies, mortgage arrangement fees, or any other product-specific terms. Property calculators assume simplified house price growth and do not include Stamp Duty Land Tax, conveyancing fees, surveys, maintenance costs, or other transaction costs.

Pension figures

Pension calculators do not account for the Annual Allowance, the Lifetime Allowance (where applicable), State Pension entitlements, pension drawdown rules, pension scheme charges, or changes to pension legislation. Tax relief rates are subject to change.

Accuracy

Whilst we take care to ensure the mathematical models used in our calculators are correct, we make no warranty as to the accuracy, completeness, or fitness for purpose of any figures produced. You should not rely on these figures when making financial decisions.

External links

This site may contain links to third-party websites. We are not responsible for the content or accuracy of those sites. Links to external sites do not constitute endorsement.