Fixed Term Annuity Calculator And Any Thoughts?

jayjays

I finally got through for a quote......... £93000 to last 5 years with a maturity value of £100............. came back as £1480.30 per month for 60 months, anyone reckon this is any good or not ?

Qyburn

Does that include inflation linking?  If not, then £92,900 divided by 60 is more than £1,500 

jayjays

Qyburn said:

Does that include inflation linking?  If not, then £92,900 divided by 60 is more than £1,500 

You would think !, I have done the maths and concluded I am in the wrong business, if people are accepting deals like that I could make a fortune. I must say I was surprised when I read they had supplied the best quote earlier in the thread, I will just have to go back to "mypensionexpert" who were excellent 5 years ago but we have had a bit of a mix up this year on quotes, I am going to try another one tomorrow, "Retirement line", a friend has just taken a 5 years fixed out and seems happy, I will let you know my new numbers hopefully tomorrow.

GSP

David99M said:

Hi, I opened a fixed term annuity with Legal and General recently. They offered the best return and their product was by far the most flexible. You can go onto their website and it's called Fixed Term Retirement Plan. You can do 6 quotes and play around with different selected income levels etc. Minimum term is 3 years. I did a 3 year term with no income selected and it will pay me back my original sum plus 15% after the 3 years. I also get the right to make 3 withdrawals during the term or take the whole lot to move into another product. So for me this is like a 3 year bond with no risk and I can access if necessary. 
If you want to draw an income and also have some left at maturity you can do that too.
Retirementline are very good and will answer any questions you have. I don't think they charge  either and just get commission from L&G. No point in paying an IFA for this kind of advice!

Can anyone find David’s annuity from this link?

https://www.legalandgeneral.com/retirement/retirement-income-calculator/?cid=PPCGENPAnnuitiesFixedTermCalculatorGoogle001&ef_id=Cj0KCQiAq5meBhCyARIsAJrtdr7Az6i4as9Fkso8IURbnsdhWiz8qWUzp5G6nkGnxKQRZRBA2KxFhPYaAljpEALw_wcB:G:s&s_kwcid=AL!12569!3!634039474007!p!!g!!fixed%20term%20annuities%20calculator&nst=0&gclsrc=aw.ds&gclid=Cj0KCQiAq5meBhCyARIsAJrtdr7Az6i4as9Fkso8IURbnsdhWiz8qWUzp5G6nkGnxKQRZRBA2KxFhPYaAljpEALw_wcB

jayjays

GSP said:

David99M said:

Hi, I opened a fixed term annuity with Legal and General recently. They offered the best return and their product was by far the most flexible. You can go onto their website and it's called Fixed Term Retirement Plan. You can do 6 quotes and play around with different selected income levels etc. Minimum term is 3 years. I did a 3 year term with no income selected and it will pay me back my original sum plus 15% after the 3 years. I also get the right to make 3 withdrawals during the term or take the whole lot to move into another product. So for me this is like a 3 year bond with no risk and I can access if necessary. 
If you want to draw an income and also have some left at maturity you can do that too.
Retirementline are very good and will answer any questions you have. I don't think they charge  either and just get commission from L&G. No point in paying an IFA for this kind of advice!

Can anyone find David’s annuity from this link?

https://www.legalandgeneral.com/retirement/retirement-income-calculator/?cid=PPCGENPAnnuitiesFixedTermCalculatorGoogle001&ef_id=Cj0KCQiAq5meBhCyARIsAJrtdr7Az6i4as9Fkso8IURbnsdhWiz8qWUzp5G6nkGnxKQRZRBA2KxFhPYaAljpEALw_wcB:G:s&s_kwcid=AL!12569!3!634039474007!p!!g!!fixed%20term%20annuities%20calculator&nst=0&gclsrc=aw.ds&gclid=Cj0KCQiAq5meBhCyARIsAJrtdr7Az6i4as9Fkso8IURbnsdhWiz8qWUzp5G6nkGnxKQRZRBA2KxFhPYaAljpEALw_wcB

It works for me, the difference I think is I created an account first, I had problems as nothong would work, I contacted them and  they sent me a link (probably same as this one), all works now including the link above

GSP

jayjays said:

GSP said:

David99M said:

Hi, I opened a fixed term annuity with Legal and General recently. They offered the best return and their product was by far the most flexible. You can go onto their website and it's called Fixed Term Retirement Plan. You can do 6 quotes and play around with different selected income levels etc. Minimum term is 3 years. I did a 3 year term with no income selected and it will pay me back my original sum plus 15% after the 3 years. I also get the right to make 3 withdrawals during the term or take the whole lot to move into another product. So for me this is like a 3 year bond with no risk and I can access if necessary. 
If you want to draw an income and also have some left at maturity you can do that too.
Retirementline are very good and will answer any questions you have. I don't think they charge  either and just get commission from L&G. No point in paying an IFA for this kind of advice!

Can anyone find David’s annuity from this link?

https://www.legalandgeneral.com/retirement/retirement-income-calculator/?cid=PPCGENPAnnuitiesFixedTermCalculatorGoogle001&ef_id=Cj0KCQiAq5meBhCyARIsAJrtdr7Az6i4as9Fkso8IURbnsdhWiz8qWUzp5G6nkGnxKQRZRBA2KxFhPYaAljpEALw_wcB:G:s&s_kwcid=AL!12569!3!634039474007!p!!g!!fixed%20term%20annuities%20calculator&nst=0&gclsrc=aw.ds&gclid=Cj0KCQiAq5meBhCyARIsAJrtdr7Az6i4as9Fkso8IURbnsdhWiz8qWUzp5G6nkGnxKQRZRBA2KxFhPYaAljpEALw_wcB

It works for me, the difference I think is I created an account first, I had problems as nothong would work, I contacted them and  they sent me a link (probably same as this one), all works now including the link above

Can you see more options if you log in as I can’t see how David returned his result with what’s on this page?

jayjays

GSP said:

jayjays said:

GSP said:

David99M said:

Hi, I opened a fixed term annuity with Legal and General recently. They offered the best return and their product was by far the most flexible. You can go onto their website and it's called Fixed Term Retirement Plan. You can do 6 quotes and play around with different selected income levels etc. Minimum term is 3 years. I did a 3 year term with no income selected and it will pay me back my original sum plus 15% after the 3 years. I also get the right to make 3 withdrawals during the term or take the whole lot to move into another product. So for me this is like a 3 year bond with no risk and I can access if necessary. 
If you want to draw an income and also have some left at maturity you can do that too.
Retirementline are very good and will answer any questions you have. I don't think they charge  either and just get commission from L&G. No point in paying an IFA for this kind of advice!

Can anyone find David’s annuity from this link?

https://www.legalandgeneral.com/retirement/retirement-income-calculator/?cid=PPCGENPAnnuitiesFixedTermCalculatorGoogle001&ef_id=Cj0KCQiAq5meBhCyARIsAJrtdr7Az6i4as9Fkso8IURbnsdhWiz8qWUzp5G6nkGnxKQRZRBA2KxFhPYaAljpEALw_wcB:G:s&s_kwcid=AL!12569!3!634039474007!p!!g!!fixed%20term%20annuities%20calculator&nst=0&gclsrc=aw.ds&gclid=Cj0KCQiAq5meBhCyARIsAJrtdr7Az6i4as9Fkso8IURbnsdhWiz8qWUzp5G6nkGnxKQRZRBA2KxFhPYaAljpEALw_wcB

It works for me, the difference I think is I created an account first, I had problems as nothong would work, I contacted them and  they sent me a link (probably same as this one), all works now including the link above

Can you see more options if you log in as I can’t see how David returned his result with what’s on this page?

I could do nothing until I registered, it only takes minutes, do it then run Davids link, you will see plenty

GSP

David99M said:

Hi, I opened a fixed term annuity with Legal and General recently. They offered the best return and their product was by far the most flexible. You can go onto their website and it's called Fixed Term Retirement Plan. You can do 6 quotes and play around with different selected income levels etc. Minimum term is 3 years. I did a 3 year term with no income selected and it will pay me back my original sum plus 15% after the 3 years. I also get the right to make 3 withdrawals during the term or take the whole lot to move into another product. So for me this is like a 3 year bond with no risk and I can access if necessary. 
If you want to draw an income and also have some left at maturity you can do that too.
Retirementline are very good and will answer any questions you have. I don't think they charge  either and just get commission from L&G. No point in paying an IFA for this kind of advice!

Tried to register but it appears you have to be a L&G customer with a reference number to be able to gain access?
Anyone know a way to gain access? Thanks