How much are you planning on investing each year?
Important information: this calculator is just an illustration, not a projection of what your child’s investments will be worth. The annual growth rate actually achieved will depend on the investments chosen. Results are calculated with an assumed annual charge of 1.25% (based on our platform charge and a typical fund annual charge). The actual charges could be higher or lower than this, please see our Junior SIPP Charges page for more details. Results don’t take account of inflation, which will reduce the amount of goods and services money can buy in the future. Money in a pension can normally only be accessed from age 55 (57 from 2028 which is likely to rise further in the future).
Remember the value of investments can fall as well as rise so your child could get back less than invested. Tax rules can change and the value of benefits available depends on individual circumstances.