Annuity Payout Calculator

Your details

Fixed length: you set the term and the calculator finds your periodic payment. Fixed payment: you set the withdrawal and the calculator finds how long the fund lasts.
The lump sum you are converting into an income stream (present value of the annuity).
The annualized rate of return the fund earns while paying out. Use the guaranteed crediting rate for a fixed annuity, or a conservative expected return for a portfolio.
%
How many years you want the annuity to last.
years
How often payments are made or received.
Ordinary annuity: payments fall at the END of each period (most common). Annuity due: payments fall at the START of each period, which gives slightly higher payments because the fund depletes sooner.
Currency
Periodic payment
$1,514.95

Regular income per period from this annuity

Total payouts$363,588
Total interest earned$113,588
Interest share0.3%

Your annuity pays 1,514.95 per month.

  • You will receive 1.45x your starting balance in total payouts: 363,588 on an initial 250,000.
  • About 31.2% of your income (113,588) comes from investment growth rather than spending your principal.
  • These figures assume a constant rate and do not account for inflation or taxes. A financial advisor can help tailor a plan to your actual retirement income needs.

Next stepCompare multiple rate or term scenarios to find the withdrawal level that balances income needs with longevity risk.

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