Annuity Calculator

Our Pension 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.

 

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

Results

Total pension pot
£100,000
Tax-free cash 25%
£25,000
Remaining pension pot
£75,000

These examples give you an idea of the income our annuity and our other guaranteed income products might provide. They assume you take the maximum 25% tax-free cash sum available but you can choose to take less. 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

£3,096
a year
for the rest of your life
  • Can pay more if you have health conditions or lifestyle risks
  • Can keep paying out to a loved one after you die
  • Can’t be changed once the plan has started.

The figure above shows the gross income before any tax is deducted.

Guaranteed income for a set period and lump sum at the end

Fixed Term Retirement Plan

£7,116
a year for
end lump sum of
  • Pays an annual income and final lump sum that you choose
  • Lets you make withdrawals from the lump sum or cash in the whole plan
  • Doesn’t pay more if you have health conditions or lifestyle risks

The figures above show the gross income and lump sum before any tax is deducted. You are able to change the term and lump sum selected above.

Guaranteed income for a set period

Cash-Out Retirement Plan

£7,116
a year
for
  • Pays an annual income and final lump sum that you choose
  • Lets you cash in the whole plan
  • Doesn’t pay more if you have health conditions or lifestyle risks

The figure above shows the gross income before any tax is deducted. You are able to change the term selected above.