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What annuity will a £400,000 pension pot buy? options multiply at this level.

How much annuity income will a £400,000 pension pot buy? See illustrative rates for single, joint, and inflation-protected annuities.

A £400,000 pot can support several different retirement-income structures. Using the full pot for an annuity produces a different risk profile from splitting the pot between annuity income and drawdown. Phased decisions can also change the tax year in which income and lump sums arise. These examples are designed to make those mechanics easier to model rather than to rank one structure above another.

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