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Income drawdown calculators

We have created three calculators to help save you time and demonstrate how your clients can use their funds in different ways. Each calculator has a different function and will give you a report showing the calculation results.

Visit our Retirement Solutions page for more information on income drawdown and our other retirement planning options. Or contact our support team on 0800 092 9365. Lines are open 8:30am to 5:30pm, Monday to Friday.

Efficient_IncomeTaxable income calculator

Use it to… show how a client’s income may be divided between taxable and non taxable income.

You'll need to select the most appropriate tax rate for your client's circumstances (either gross or net of 20%, 40% or 45% tax).

Critical_YieldCritical yield calculator

Use it to… calculate the rate of return needed to maintain the drawdown income over a selected period of time. The calculator can also be used to produce figures that take account of one or more changing levels of income during the plan.

If the actual rate of return is consistently below the critical yield level, clients may need to reduce their income or consider other options.

Income recycling calculator

Use it to… see, in pounds and pence - how income recycling could help your clients:

  • build up a further tax-free cash entitlement for the future
  • increase lump sum death benefits for their beneficiaries.

You can start using each of the calculators by launching them below. When you begin please read the Terms and Conditions carefully.

You will need to save the calculators tool to your local drive before using it. This will ensure you can access the PDF outputs correctly. We suggest you download a fresh copy of the calculator each time you use it to ensure you have the latest version.

Launch calculators


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WA10008 01/2018