Use this tool to calibrate the parameters used by the annuity rate calculator. You can get quotes at the Money Helper website. Input the annual annuities quoted and then adjust the calibration parameters to make the graphs line up as close as possible.
You need four annuity quotes:
Age 65 for £100,000
Age 65 for £500,000
Age 75 for £100,000
Age 75 for £500,000
The annuities should be:
Single Life
Annual in Advance
Level (not inflation linked)
No Guarantee Period
Ask the AI for the current 20-year gilt yield and input the value here.
Then adjust the parameters below to align the annuity calculator results with the quotes. Try to make the corresponding lines on the graph line up as close as possible for ages 65 and 75.