Calculate Your Retirement Income
Understand Your Potential Income with an Annuity
See how much annual and monthly income your pension fund could generate from an annuity.
Free annuity income calculator
Uses current UK market rates
Use our comparison tool for personalised quotes
Our annuity calculator provides a quick view of how much income your pension fund could pay you in retirement. Enter the amount you wish to use from your pension and your age to see an estimated yearly and monthly income figure.
Calculate Your Annuity Income
Get an estimated annuity income in 30 seconds. No phone calls, no obligation.
Based on: a £100,000 fund and average* annuitant details.
Joint life (50%) annuity rates
It's worth noting that providing more details, including your health information, could yield an even higher income than our estimate below. Check using our Quote Comparison Tool.
Trust pilot
Trusted Annuity Comparison Service
Compare quotes from all providers across the open market including:
Pension Wise is the Government's free and impartial service, offering support to help you make sense of the options available. You can book an appointment online or by calling 0800 011 3797.
Why Get a Personalised Quote?
Your Calculator Result is Only the Starting Point
The income shown above is based on average market rates. Your actual income could be higher depending on your circumstances.
A personalised comparison may help you:
Qualify for enhanced annuity rates due to health or lifestyle factors
Compare multiple providers without contacting each one separately
Potentially increase retirement income compared to our estimates
Choose options that suit your family and retirement goals
How it Works
Use Our 3-step Process to Understand Your Retirement Income Potential
1: Enter Your Age and Pension Pot Above
Use our calculator to see an estimated income figure.
2: Request Personalised Quotes
Submit more information about your circumstances to see a more accurate retirement income figure.
3: Compare Provider Quotes
Review quotes from the whole of open market annuity providers and choose the option that's right for you.
Why Compare Annuity Providers?
Many retirees accept the first annuity offer they receive from their pension provider.
However, rates can vary between providers and some people qualify for enhanced rates that could increase retirement income.
Comparing quotes helps you to make an informed retirement decision.
Frequently Asked Questions
Is this calculator accurate?
The calculator provides an estimate using current average annuity rates. Your personalised quote will reflect your individual circumstances.
Could my income be higher than the estimate?
Possibly. Health conditions, lifestyle factors and provider differences can all affect the income you're offered.
Is getting a quote free?
Yes. Requesting personalised annuity quotes is free and comes with no obligation to make a purchase.
Ready to See What Income You Could Secure for Life?
Get personalised annuity quotes from leading UK providers and compare your options side-by-side.
No obligation. Free comparison. From Whole of Market Providers.