Henry would like to have an annual pension income of 15,000 per year, in addition to the state pension. He plans to retire at age 60. He has been quoted the following annuity rates: Sharingpensions.co.uk 6 September 2019 55 60 3804 4180 3781 4143 2163 2562 Single life, level, no guarantee Single life, level, 10 year guarantee Single life, 3% no guarantee Joint life 50%, level, no guarantee Joint life 100%, level, no guarantee Joint life 50%, 3% escalation, no guarantee 3478 3943 3326 3671 1986 2306 How much would he need in his pension pot to buy a single annuity, just for himself, with 3% escalation and no guarantee? Round your answer to the nearest pound; do not use pence. Henry would like to have an annual pension income of 15,000 per year, in addition to the state pension. He plans to retire at age 60. He has been quoted the following annuity rates: Sharingpensions.co.uk 6 September 2019 55 60 3804 4180 3781 4143 2163 2562 Single life, level, no guarantee Single life, level, 10 year guarantee Single life, 3% no guarantee Joint life 50%, level, no guarantee Joint life 100%, level, no guarantee Joint life 50%, 3% escalation, no guarantee 3478 3943 3326 3671 1986 2306 How much would he need in his pension pot to buy a single annuity, just for himself, with 3% escalation and no guarantee? Round your answer to the nearest pound; do not use pence