Retirement income calculator

Our retirement income calculator provides a helpful estimate of your potential retirement income. How much could you get?

Reviewed by Joe Mclean, Nick Theobald

It's simple to use, just add your age and the amount in your pension pot below. You don't need to include any final salary pensions or your state pension.

Looking at other ways to fund your retirement?

If you’re a homeowner aged 55 or over, and your property is worth more than £70,000 or £100,000 depending on your property type then you could consider a lifetime mortgage.

A loan secured on your home, a lifetime mortgage could help you release some equity from your home to spend on yourself, your home or your family. Try our calculator to find out how much you could release.

Using our retirement income calculator

Calculating your pension pot

To get the best results from our calculator, you should work out what your total pension pot will be.

You should include any defined contribution pensions that you have. These could be private or from current or previous jobs.

Please don't include any of the following in your total pension pot:

Money in a defined benefit or 'final salary' pension.
Your State Pension.

If you need combining any old pensions you might have, our Pension Consolidation service could help.

Next steps

Now that you've been given a helpful estimate of your potential retirement income, why not look at other products available as part of your shopping around. Other providers may have more appropriate products or be able to offer a higher level of income.

Need help?

Making decisions about how to finance your retirement is important so it’s worth shopping around and making use of the guidance and advice services available:

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 011 3797

Monday to Friday, 9am to 5pm.
Calls may be recorded and monitored.

Speak with us

Our colleagues in Cardiff are always happy to answer your questions or tell you about our retirement income products.

0800 048 2446

Monday to Friday
9am to 5pm
We may record and monitor calls.

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 048 2446

Our team is available between 9.00am and 5.00pm, Monday to Friday. Calls may be monitored and recorded.

Our retirement income experts

Joe Mclean

Senior Product Manager, Retail Annuities

Joe manages our three guaranteed income retirement pension products – our Fixed Term and Cash-Out Retirement Plans, and our Pension Annuity. He makes sure they offer everything our customers need, are competitive in the marketplace and meet all relevant risk and regulatory requirements.

More about Joe

Nick Theobald

Product Technical Manager, Retail Annuities

Nick’s been with us for his entire career, spending over 35 years helping our customers in many different ways. Since 2019, he’s been a Product Technical Manager focusing on annuities. Previously, he’s also worked as a Conduct Risk Monitoring Consultant, Senior Pension Specialist and Service Delivery Manager, among other roles.

More about Nick