Tools
Cost of Delay Calculator
When you are approaching retirement, timing matters. Delaying your decision can mean missing out on months of guaranteed income.
Every month you wait costs you income. See exactly how much.
Estimated income lost by waiting
£3,550income missed over 6 months
£8,100
Income now (annual)
£8,200
Income after delay
£100/yr
Extra per year by waiting
40.5
Years to break even
For illustrative purposes only. Figures assume a level single-life annuity, no inflation protection, and that pot size and annuity rates remain unchanged. This is not financial advice please speak to a qualified adviser.
See What Income Your Pension Could Provide
Get a personalised view of the retirement income your pension could generate. Our quick annuity quote tool compares options from across the market to help you understand what level of guaranteed income may be available to you.
FAQs
Everything you need to know about annuities and getting quotes