Retirement income calculator

Our Retirement Income Calculator gives you an indication of income and assumes you want to take the full amount of tax-free cash. You can get a more detailed quote, including choosing different amounts of tax-free cash, in our online quote and apply.
Don't include any final salary pensions or your state pension.

I am years old and I have saved in my pension pots


Total pension pot
Tax free cash 25%
Remaining pension pot

The results are examples only and aren't advice. The actual income you can get will depend on your individual circumstances.

Guaranteed income for the rest of your life

Pension Annuity

a year
for the rest of your life
  • Can pay higher income for health conditions and lifestyle risks.
  • Can provide an income for your spouse, civil partner or beneficiary after you die.
  • Can’t change your options once started.

Giving you a flexible income


You could take money from your pension pot as an when you need it, while keeping it invested.

  • Take up to 25% of your pension pot as a tax-free lump sum
  • Invest the rest, with the flexibility to use as you choose, subject on product terms and conditions
  • Your money is still subject to investment risk and the amount you have invested can go down as well as up


Take it all as cash

The below includes the 25% tax free amount

Remaining pension pot after tax
Tax that will be due
  • Take whole pension pot in one go.
  • You could pay more tax than other options.
  • Money might not last as long as you need.



Next steps

It’s worth taking a look at what your options are in more detail, by getting a quote:

Next steps

Need some help?

Making decisions about financing your retirement is important so it’s worth shopping around and using available guidance and advice, before you buy. Other providers may have more appropriate products or be able to offer a higher level of retirement income.

Retirement guidance

Pension wise

The Government’s impartial retirement guidance will help you avoid the risks and think about what’s right for you.

Find out more about a Pension Annuity

Learn more about the features of our Pension Annuity and answers to common questions.

Get advice

Connect to an independent financial adviser in your area through Unbiased.