Annuity calculator
Our annuity and retirement income calculator is quick and easy to use. It provides a helpful estimate of your guaranteed income you’ll get each year with a pension annuity and our other guaranteed income products.
Use our calculator to see how much you could get, it takes as little as 30 seconds.
What is an annuity calculator?
Our annuity calculator is a handy tool that will support you in gaining a better understanding of your retirement income options and how much you could expect to receive from your pension with a Pension Annuity.
Benefits of our annuity calculator
- Quick indication of your possible annuity income
- Compare multiple retirement income products against each other
- Ability to toggle between how much you’d like to receive per year and how long you would like your payment period to be.
See your future retirement income in minutes
In less than 30 seconds our annuity calculator helps you see how much income you could receive with a guaranteed income product. Don't include any final salary pensions or your state pension in your calculations.
Taking out an annuity with L&G
Helping you explore your income choices and get personalised quotes.
Receive a guaranteed income with a Pension Annuity
You can read about our Pension Annuity to help you decide if it’s the right choice for you.
Ready to get an online annuity quote? It only takes about 15 minutes and you can save quote progress at anytime.
When you get a personalised pension annuity quote, we’ll tell you if anyone else offers higher rates. So, you’ll be able to compare a wide range of retirement income options and be sure you’re getting the best deal for you.
Watch our annuities explained videos
Want to learn more about annuities?
Watch our annuities explained video series and learn more about how annuities work, types of annuity and how to buy an annuity.
Common annuity questions
'Pension' could be used to refer either to the amount that you have saved in your pension pot through private or workplace pensions, or to the state pension, which is paid by the Government.
A pension annuity is a product that you can buy with your pension pot, which guarantees to pay you an income for the rest of your life.
Guidance helps you to identify and narrow down your choices in an impartial way. It won’t tell you what’s right for you but will explain your options and provide information so that you can choose what you want to do.
Advice considers your personal and financial circumstances and recommends specific products or actions to be taken that helps you achieve your goals.
An enhanced annuity is an increased income that you could get, if you have any medical conditions or lifestyle risks. You'll need to answer some medical and lifestyle questions to see if this applies to you. You can learn more in our enhanced annuities article.
If you apply for a Pension Annuity, you have 30 days from the date you receive our confirmation that your annuity has started to change your mind. If you do not take this opportunity to cancel, your annuity will continue for the rest of your life.
Need some help?
Making well-informed decisions about how to finance your retirement is important so it’s worth shopping around and using available guidance and advice, before you buy:
Retirement guidance
Pension Wise from MoneyHelper
The government’s free and impartial service, offering guidance to make money and pension choices clearer for over 50s.
To find out more or book an appointment online click below or call.
0800 138 3944
Monday to Friday, 9am to 5pm.
Calls may be recorded and monitored.
Retirement advice
Retirement Advice Service from Legal & General
Our advisers are experts in retirement regulated by the Financial Conduct Authority, so you can trust them to provide impartial advice and a personal recommendation that’s right for you.
0800 009 4011
Monday to Friday 9am to 5pm.
Calls may be monitored and recorded.
Speak with us
Our colleagues in Cardiff are always happy to answer your questions.
0800 048 2446
Monday to Friday 9am to 5pm.
Calls may be monitored and recorded.