Annuity Comparison Table
Approximate Annuity Rates (April 2024) – Bank of England Base Rate at 5.25%
Annual income from £100,000 used to buy an annuity
| Annuity Type | Age 60 | Age 65 | Age 70 | Age 75 |
|---|---|---|---|---|
| Single life, level | £6,500 | £7,300 | £8,100 | £9,400 |
| Single life, escalating at 3% | £4,500 | £5,100 | £5,900 | £7,600 |
| Single life, escalating at RPI | £3,900 | £4,500 | £5,400 | £7,000 |
| Joint life 50% | £5,900 | £6,600 | £7,300 | £8,500 |
| Joint life 100% | £5,500 | £6,100 | £6,900 | £8,000 |