INDEX LINKED ANNUITY
HELEN’S STORY – 64 YEARS OLD
Helen has carefully built up her pension pot over the years and is looking to retire soon. She’s looking for an annuity option that will help protect her income from inflation so she can hopefully keep up with the cost of living.
In this example, an index linked annuity or a level annuity could deliver good value for those who live longer in retirement than the norm.
In addition, the index linked annuity could work well in conjunction with the State Pension, which also rises with inflation, to further protect Helen from increases in the cost of living in the future.
Please click here to read the assumptions we’ve made.
The annuity income is based on the current annuity rates of the top 3 annuity providers in the United Kingdom as at January 2023. The annuity rates used are those for the retirement age in the case study. The annuity rates you might get at the chosen age are likely to differ significantly.
Helen is also entitled to the new State Pension of £203.85 per week