Annuity income from a £150,000 pot — reaching for moderate retirement.
How much annuity income could a £150,000 pension pot provide? Model single, joint, and inflation-linked annuities with our calculator.
£150,000 puts you in a strong position for a comfortable baseline retirement income. A single life level annuity at 65 might produce around £9,600-£10,500 per year — roughly £850 per month. With the full state pension on top, total income reaches approximately £21,500, close to the PLSA moderate retirement standard. At this pot size, a joint life annuity becomes especially important if you have a partner who depends on your income. A 50% joint life annuity reduces the headline rate by roughly 15-20%, but it means your spouse or civil partner continues receiving income after your death. The decision between level and RPI-linked also becomes more consequential at £150,000: the starting income gap is larger in absolute terms, but the compounding benefit of inflation protection over 25+ years is substantial.