home > annuity calculators > drawdown calculator   

Drawdown Calculator

Drawdown may continue beyond age 75 only if there is secured pension income of £20,000pa (this excludes drawdown pension income).

Results are displayed graphically and show income and pension fund value (please note that the pension fund value will be divided by 10 for display purposes only). Income is reviewed every 3 years to age 75 and each year thereafter. 2011 GAD tables are used and the 15 year gilt rate, as published in the FT on the 15th November 2011, is rounded down to 2.50% .

Pension Drawdown Calculator
  Age on 15th of November 2011
(click for historical dates)   
  		 
Pension Value
Assumes you have already taken the maximum tax free cash. 
 
Gender
Maximum income is affected by gender
(men can currently draw more income than women)
Income Drawdown Frequency
Annual % rise\fall of pension fund (after charges)
+/- to 2 decimal places. Demonstrates what happens to income when the pension fund value rises or falls  
 
For illustrative purposes only, always seek professional advice  
     
If you want to know how to apply GAD rates then you can refer to HMRC's GAD table instructions.
This calculator is for illustrative purposes only and is not intended to substitute advice. Always seek professional advice before making a decision.