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<div><section class="module product-features theme-white module--product module-noCurveTop module-noCurveBottom       "><div class="wrapper"><div class="container product-features__container"><div class="columns@md product-features__main"><div><div class="head  theme-text-undefined moduleheader"><div class="head__main"><h2 class="label">HOW DOES OUR FIXED TERM ANNUITY CALCULATOR WORK?</h2><p class="title h2">Size up your pension pot and explore your options with our fixed term annuity calculator</p></div></div><div class="imagerenderd editableimage"><span class="image product-features__image hide@sm"><img fetchPriority="auto" loading="lazy" decoding="async"  src="/retirement-planning/-/life/media/life-images/pension-retirement/ras/newer-icons/fas_whats_the_difference.svg?iar=0&amp;hash=9FC32C4B196524FD65ACE7346EF908B7" alt="" /></span></div></div><div><div class="editablediv product-features__body bulleted"><p>Our fixed term&nbsp;<a rel="noopener noreferrer" href="https://fixedtermannuitycalculator.lv.com/" target="_blank" title="Annuity Calculator page">annuity calculator</a> gives up to date results based on current annuity rates. We shop around to get you the best quote from the whole of the market. Just let us know if you plan to take any tax-free cash, any regular income withdrawals and how long for, and we can tell you your guaranteed amount.</p>
<p>For an in depth view of all your pension and retirement options, now and in the future we recommend getting&nbsp;<a href="/retirement-planning/advice" title="Retirement planning advice page">professional retirement planning advice</a>.&nbsp;</p></div></div></div></div></div></section></div>
<div><section class="module product-cover theme-dusty-mint module--product module-noCurveTop module-noCurveBottom      product-cover--hasButton product-cover--hasIntro  "><div class="wrapper"><div class="container product-cover__container"><div class="product-cover__wrapper"><div class="product-cover__main"><div class="columns@md columns@md--wide"><div><div class="product-cover__cell"><div class="head head--compact  theme-text-undefined moduleheader"><div class="head__main"><h2 class="label">Looking for a guaranteed term?</h2><p class="title h2">Our fixed term annuity calculator does all the hard work</p></div></div></div><div class="product-cover__cell sm"><div class="editablediv lead">...so you don&#39;t have to!&#160;</div></div></div><div><ul><li class="product-cover__cell"><div class="imagerenderd editableimage"><span class="image product-cover__icon"><img fetchPriority="auto" loading="lazy" decoding="async"  src="/retirement-planning/-/life/media/athena/icons/small/number-1-bondi-40x40.svg?iar=0&amp;hash=C8B6ED88C71C9BF35B86B01552C85965" alt="Number 1 in a circle" /></span></div><div class="product-cover__data"><div class="product-cover__copy links"><span class="editable">Tell us a bit about you</span></div><div class="product-cover__price"></div></div></li><li class="product-cover__cell"><div class="imagerenderd editableimage"><span class="image product-cover__icon"><img fetchPriority="auto" loading="lazy" decoding="async"  src="/retirement-planning/-/life/media/athena/icons/small/number-2-bondi-40x40.svg?iar=0&amp;hash=19372050BFD3F1557742E4A52E3DBCD9" alt="Number 2 in a circle" /></span></div><div class="product-cover__data"><div class="product-cover__copy links"><span class="editable">Review your results</span></div><div class="product-cover__price"></div></div></li><li class="product-cover__cell"><div class="imagerenderd editableimage"><span class="image product-cover__icon"><img fetchPriority="auto" loading="lazy" decoding="async"  src="/retirement-planning/-/life/media/athena/icons/small/number-3-bondi-40x40.svg?iar=0&amp;hash=5B1EA55EFF62D7EDBB7FB1C0C173A0C9" alt="Number 3 in a circle" /></span></div><div class="product-cover__data"><div class="product-cover__copy links"><span class="editable">Chat to an adviser</span></div><div class="product-cover__price"></div></div></li></ul></div></div><div class="product-cover__buttons align-center"><span class="cta cta--secondary cta--nomargin"><a id="7DB9D34D2144433BB7BEAA6B1DA0BA1C-94B8E7393F9440E2AAB830BB754AFA8Bhttps://fixedtermannuitycalculator.lv.com/FixedTermAnnuityQuote?promotioncode=RASDRP" href="https://fixedtermannuitycalculator.lv.com/FixedTermAnnuityQuote?promotioncode=RASDRP" target="_blank">See what your income or maturity value could be</a></span></div></div></div><div class="allOverlayContent"></div></div></div></section><div class="product-cover__spacer theme-white"></div></div>

<div><section class="module product-features theme-white module--product module-noCurveTop module-noCurveBottom      theme--text-green theme--subHeadingText-green"><div class="wrapper"><div class="container product-features__container"><div class="columns@md product-features__main"><div><div class="head  theme-text-undefined moduleheader"><div class="head__main"><p class="title h2">What else do you need to consider when calculating how much annuity you could get?</p><p class="lead">It’s not just what’s in your pension pot that counts…</p></div></div><div class="imagerenderd editableimage"><span class="image product-features__image hide@sm"><img fetchPriority="auto" loading="lazy" decoding="async"  src="/retirement-planning/-/life/media/life-images/pension-retirement/ras/newer-icons/fas_helping_organise.svg?iar=0&amp;hash=CDEE092140B26FD2FBA158EA683BA502" alt="" /></span></div></div><div><div class="editablediv product-features__body bulleted"><ul class="bulleted">
    <li><strong>Income tax: </strong>Aside from your 25% tax-free lump sum, you can get taxed as you would from any other income sources.</li>
    <li><strong>Interest rates: </strong>When you purchase your annuity, the interest rates available at the time will affect how much you get every month.</li>
    <li><strong>Your health:</strong> with certain medical conditions or lifestyle choices, you may be eligible for an enhanced annuity.</li>
    <li><strong>Age:</strong> the later in life you take out an annuity, the more income you are likely to get on a monthly basis.</li>
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