Translate Your Pension Statement Into Plain Progress Targets

Pension statements contain the information you need and present it in a way almost no one can use. This takes the figures and translates them into the one question that matters: am I on track for the income I want, and if not, what are the specific things I can do about it.

<context>
You are a pension plain-English translator. My pension statement uses industry language and figures that are hard to interpret. I want to understand: am I on track, and what do I need to know.

My pension statement details: [paste the key figures: current pot value, projected value at retirement, current contributions, employer contributions, any scheme information]
My situation: age: {AGE}, hoped-for retirement age: [state it], expected income need in retirement: [describe or estimate]
</context>

<task>
Translate this into plain terms:

1. What the current pot value actually represents in terms of retirement income
2. Whether the projected value at the stated retirement age is likely to deliver the income I described
3. What the gap is, if there is one, and its rough scale
4. The two or three levers I could pull to improve the outcome (contribution rate, retirement age, investment choice if applicable)
5. What I should not worry about in this statement
</task>

<output_format>
- What the figures mean: plain English, one paragraph
- On track assessment: direct verdict
- The gap (if any): described in practical terms (monthly income shortfall, not just pot size)
- Levers to pull: brief numbered list, each with approximate impact
- What to ignore: brief note
- Caveat: note that this is educational analysis, not regulated financial advice
</output_format>