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Disclaimer: Views in this blog do not promote, and are not directly connected to any Legal & General Investment Management (LGIM) product or service. Views are from a range of LGIM investment professionals and do not necessarily reflect the views of LGIM. For investment professionals only.

Annuity Calculator

Our Annuity Calculator provides a helpful estimate of your potential retirement income with an annuity and our other guaranteed income products. Use our calculator to see how much you could get.

Try our calculator

What is an annuity calculator?

Our annuity calculator is a handy tool that will support you in gaining a better understanding of your guaranteed income options in retirement and how much you could expect to receive from your pension with an 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

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 in your calculations.

I am
years old.
I have
£
 saved in my pension pots.
My email address is
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How our calculator works

  • Annuity income results are available on our calculator for ages 55-85
  • Once you enter your age and pension pot amount, we'll show:
    • The amount you could take for your 25% tax-free lump sum
    • The amount remaining in your pension pot after taking the lump sum
    • An estimated annual income based on the amount left in your pension pot
  • As well as results for our annuity, which guarantees an income for life, you can see results for our Fixed Term Retirement Plan and Cash-Out Retirement Plans which offer incomes over a fixed term, in addition to our Pension Drawdown product and taking your pension as cash.
  • You can use the calculator to see the impact of different terms on your annual income.

Taking out an annuity with L&G

Used our annuity calculator and ready to think through your income choices?

What are the latest annuity rates?

Could now be the best time to buy an annuity? We look at what this means for your retirement income.

Annuity rates article

Retirement income products compared

Annuity articles

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.