Annuities-Online have developed a series of calculators to help you with your annuity purchase or consider alternatives to annuities. Many of them give a graphical interface to show results in a picture format and make it easier to compare the levels of income available.
Calculate an annuity rate for any relevant age and sex using different annuity options. Rates are not readily available from the market place but will give you a good idea of what you might expect to get when you obtain quotes. Graphical display demonstrates which type of income could pay the most over time
Calculate the maximum income from a Pension Drawdown contract using 2011 GAD rates. Make assumptions of investment returns and see graphically what effect this will have on income over time. Change the percentage of maximum income and see how long income will last and what level iot can be drawn as the fund reduces.
Annuity rates are perceived to be poor value, particularly when compared to the rates offered only a few years ago. Unfortunately, rates are not likely to improve since the most significant factor in determining annuity rates is life expectancy and we are generally living longer. Waiting for rates to rise could be a poor decision since you will be losing income that you would otherwise have started to draw. This calculator will show you the effect of delaying your annuity purchase.
These are real-time annuity rates from leading annuity providers. Whilst this service will give you an accurate annuity rate it may not be the best rate available as not all annuity providers subscribe. For the widest choice and help with selecting the most suitable options we recommend that you contact us with your requirements.