Use the calculator to calculate the maximum income that can be taken from a Drawdown Pension Plan that commenced before April 2015. Please note that from December 2012, GAD rates became unisex. The Gender option is only relevant if you are doing a historic calculation.

 

 

Gender/ Status:

Male Female Child / Adult aged under 23

 

Current Age:

 

Date when withdrawals commenced, or enter a review date (Reference Date):

(use dd/mm/yyyy format)

 

Total Value of Pension funds £:

 

Assume Tax-Free Lump Sum has already been taken ?

OR TAKE 0123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100 % of the fund value

 

OR monetary amount (£) 

 

 

 

 

Current Age:

012345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758596061626364656667686970717273747576777879808182838485 or older

 

Gilt Index Yield (defaults to current yield)

1.00%1.25%1.50%1.75%2.00%2.25%2.50%2.75%3.00%3.25%3.50%3.75%4.00%4.25%4.50%4.75%5.00%5.25%5.50%5.75%6.00%6.25%6.50%6.75%7.00%7.25%7.50%7.75%8.00%8.25%8.50%

 

Notional pension fund value (optional) £: