The Retirement Options calculator provides a comparison of;
- – an Annuity, and
- – Flexi Access Drawdown (FAD).
If tax free lump sum has not been taken at outset, then a comparison could also be made with;
- – ‘Phased’ Uncrystallised Fund Pension Lump Sum (UFPLS).
You can choose which retirement options that you wish to compare.
The input screen will show comparison graphs of net income each year, cumulative net income, death benefit (after tax), and total net benefit.
You can also click on the calculation tabs which shows the figures each year for each option.
Calcs tab shows the Annuity, Flexi-Access Drawdown, or ‘Phased’ UFPLS if appropriate.