Pensions & retirement · Your inputs

Pension income at a chosen draw rate calculator UK

Translate a pension pot and your chosen annual withdrawal percentage into gross income. Check the formula, worked example and limits before using your own figures.

Enter your figures

Your estimate

Illustrative annual gross withdrawal

£12,000.00
Average monthly gross income£1,000.00

Use your actual figures. Any prefilled price, fee, rate or return is an editable illustration, not a current product quote. The default percentage is not a safe-withdrawal recommendation. No guarantee the pot will last; tax, fees, inflation and market returns are not modelled.

How the pension income at a chosen draw rate calculator uk works

Annual draw = pot × chosen withdrawal percentage; monthly average = annual draw ÷ 12.

Data basis: mathematical formula using your inputs. Example prices and rates are illustrative, not current market quotes.

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Worked example: pension income at a chosen draw rate

This illustration uses the calculator’s example inputs. It is not a quote or a recommended financial decision.

Available pension pot (£)
300,000
Chosen annual withdrawal percentage (%)
4

Illustrative annual gross withdrawal: £12,000.00

Annual draw = pot × chosen withdrawal percentage; monthly average = annual draw ÷ 12.

Pension income at a chosen draw rate: questions answered

What does the pension income at a chosen draw rate calculation include?

Annual draw = pot × chosen withdrawal percentage; monthly average = annual draw ÷ 12. Use your actual figures. Any prefilled price, fee, rate or return is an editable illustration, not a current product quote. The default percentage is not a safe-withdrawal recommendation. No guarantee the pot will last; tax, fees, inflation and market returns are not modelled.

Plan the next step

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Using your result

Example inputs are a starting point. Replace them with your figures and select Calculate result. Results are rounded for display; calculations use unrounded values.

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