Early retirement calculation

[CherryGarcia23]

Does anyone have the formula for early retirement based on the new average salary scheme through TPS?

Example: retiring at age 58 with 14 years in the TPS? Average wage of, say, £36k

dfountain.co.uk/category/resources/

David Fountain - retired ex maths teacher and Pension guru has a brilliant webpage with links to various spreadsheets to work out different pension forecasts.

He also has some excellent YouTube videos.

There is also a great supportive Facebook group Teachers Pensions - Teachers to Teachers (U.K.)

There are tools you can use on the TPS website