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Income received plus legacy, by comparison age (before tax)
Annuity planner
Does an annuity make sense?
Exploration only: your plan is not changed. Annuity purchase is generally irreversible after the cancellation period, and these figures are not a personal recommendation.
For this comparison, pension drawdown starts at the same annual income as the annuity.
All drawdown runs out at
Not by age 95
Income plus legacy break-even age
Age 68
| At age 90 | All annuity | All drawdown | Your blend |
|---|---|---|---|
| Guaranteed income (year one) | £0 | £0 | £0 |
| Drawdown (year one) | £0 | £0 | £0 |
| Total income a year (gross) | £0 | £0 | £0 |
| Total income a month (gross) | £0 | £0 | £0 |
| Income received by age 90 | £0 | £0 | £0 |
| Drawdown runs out at | No drawdown | No drawdown | No drawdown |
| Pension left at age 90 | £0 | £0 | £0 |
| Guaranteed payments still due | £0 | £0 | £0 |
| Estimated legacy at age 90 | £0 before tax | £0 before tax | £0 before tax |
| Years income fell short | None | None | None |
Ages 68 to 96. Point at the chart for values.
Show chart data as a table
| Comparison age | All annuity | All drawdown | Your blend |
|---|---|---|---|
| 68 | £0 | £0 | £0 |
| 69 | £0 | £0 | £0 |
| 70 | £0 | £0 | £0 |
| 71 | £0 | £0 | £0 |
| 72 | £0 | £0 | £0 |
| 73 | £0 | £0 | £0 |
| 74 | £0 | £0 | £0 |
| 75 | £0 | £0 | £0 |
| 76 | £0 | £0 | £0 |
| 77 | £0 | £0 | £0 |
| 78 | £0 | £0 | £0 |
| 79 | £0 | £0 | £0 |
| 80 | £0 | £0 | £0 |
| 81 | £0 | £0 | £0 |
| 82 | £0 | £0 | £0 |
| 83 | £0 | £0 | £0 |
| 84 | £0 | £0 | £0 |
| 85 | £0 | £0 | £0 |
| 86 | £0 | £0 | £0 |
| 87 | £0 | £0 | £0 |
| 88 | £0 | £0 | £0 |
| 89 | £0 | £0 | £0 |
| 90 | £0 | £0 | £0 |
| 91 | £0 | £0 | £0 |
| 92 | £0 | £0 | £0 |
| 93 | £0 | £0 | £0 |
| 94 | £0 | £0 | £0 |
| 95 | £0 | £0 | £0 |
| 96 | £0 | £0 | £0 |
If growth is different
- -2% a year: all drawdown lasts the full range; blend lasts the full range.
- Your assumption: all drawdown lasts the full range; blend lasts the full range.
- +2% a year: all drawdown lasts the full range; blend lasts the full range.
Basis: nominal pounds (not adjusted for inflation), payments at the start of each year, drawdown growth 5% a year after charges. Income plus legacy is an illustration, not a suitability score. Saving this scenario and applying it to your plan aren’t available yet, so nothing here changes your plan.