The figures produced by this calculator are for illustrative purposes only and do not constitute advice or a recommendation to use a Capped Drawdown plan to provide your retirement income.
Although we have made every effort to ensure that the figures produced by this calculator are accurate, you should not rely upon them solely to make financial decisions.
For more precise figures you should obtain an illustration from a Capped Drawdown provider or financial adviser.
This Capped Drawdown Income Calculator uses the 2011 HMRC Drawdown Pension Tables (extended yield version - 1st July 2017) for ages 23 to 85 and over and calculates the income based on 150% of the GAD maximum allowable income.
It also uses the the Gilt Yield/GAD Rate that applies for this month.
The income figures shown are gross.