RETIREMENT INCOME
Annuity income calculator
Estimate level annuity income from a pension pot and an illustrative quoted rate.
Estimated result
£12,400/year
- Fund exchanged
- £200,000
- Scenario rate
- 6.20%
- Gross monthly income
- £1,033
- Estimated net annual income
- £9,920
- Options selected
- Single life, level, no-year guarantee
Not a provider quote. The option adjustments are scenario stresses around the quote rate you enter; health, postcode, provider, market rates and exact survivor/escalation terms can materially change real offers. Compare regulated quotes before deciding.
SOURCES & REVIEW
Checked against official guidance
Last checked 14 July 2026 · Rule version GB-2026.27.1
MoneyHelper: Annuities ↗COMMON QUESTIONS
Frequently asked questions
Is this an exact quote or tax return?
No. It is an estimate based on the inputs and assumptions shown.
When was this checked?
The method and linked official guidance were reviewed for the current UK release.