Financial calculator
Annuity calculator.
Use this free annuity calculator to model both phases — grow a fund with regular deposits, then turn it into income. Find your payout amount for a set length, or how long a chosen payment lasts, with a two-phase balance chart.
9:41PRECISR
PAYOUT
$1,801
Fund $341K → $1,800.71/mo
Fund at payout$341KAccumulated
Income$1,801mo
Total income$540KPaid out
Interest$370KBoth phases
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Results update automatically as you type. No account is required.
Enter your annuity details
Accumulation phase
Build the fund: a starting premium plus deposits that grow until you annuitize.
Payout phase
Turn the fund into income. Solve for the payment over a set length, or how long a chosen payment lasts.
Payout income
$1,800.71/mo
Depositing $500/mo on $50,000 at 5% for 20 years builds $341,149. Paying 4% in retirement, that funds $1,800.71/mo for 25y — $540,213 total income.
Fund at payout (annuitized)$341,149
Payout each period$1,800.71/mo
Payout length25y
Total deposited$170,000
Total income received$540,213
Interest — accumulation$171,149
Interest — payout$199,064
Accumulation
Fund at annuitization$341,149
Total deposited$170,000
Interest earned$171,149
Years20
Payout
Payout each period$1,800.71/mo
Payout length25y
Total income$540,213
Interest during payout$199,064
Balance through both phases
Your fund grows during accumulation (blue), then is drawn down through payout (green) to zero.
Accumulation▲ AnnuitizePayout
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Amortization schedule
Every payment split into principal and interest, with your balance falling to zero. Switch between the month-by-month view and a yearly summary.
| Period | Cash flow | Interest | Balance |
|---|---|---|---|
| 1 | $500.00 | $208.33 | $50,708.33 |
| 2 | $500.00 | $211.28 | $51,419.62 |
| 3 | $500.00 | $214.25 | $52,133.87 |
| 4 | $500.00 | $217.22 | $52,851.09 |
| 5 | $500.00 | $220.21 | $53,571.30 |
| 6 | $500.00 | $223.21 | $54,294.52 |
| 7 | $500.00 | $226.23 | $55,020.74 |
| 8 | $500.00 | $229.25 | $55,750.00 |
| 9 | $500.00 | $232.29 | $56,482.29 |
| 10 | $500.00 | $235.34 | $57,217.63 |
| 11 | $500.00 | $238.41 | $57,956.04 |
| 12 | $500.00 | $241.48 | $58,697.52 |
| 13 | $500.00 | $244.57 | $59,442.10 |
| 14 | $500.00 | $247.68 | $60,189.77 |
| 15 | $500.00 | $250.79 | $60,940.56 |
| 16 | $500.00 | $253.92 | $61,694.48 |
| 17 | $500.00 | $257.06 | $62,451.54 |
| 18 | $500.00 | $260.21 | $63,211.76 |
| 19 | $500.00 | $263.38 | $63,975.14 |
| 20 | $500.00 | $266.56 | $64,741.70 |
| 21 | $500.00 | $269.76 | $65,511.46 |
| 22 | $500.00 | $272.96 | $66,284.42 |
| 23 | $500.00 | $276.19 | $67,060.61 |
| 24 | $500.00 | $279.42 | $67,840.03 |
| 25 | $500.00 | $282.67 | $68,622.69 |
| 26 | $500.00 | $285.93 | $69,408.62 |
| 27 | $500.00 | $289.20 | $70,197.82 |
| 28 | $500.00 | $292.49 | $70,990.32 |
| 29 | $500.00 | $295.79 | $71,786.11 |
| 30 | $500.00 | $299.11 | $72,585.22 |
| 31 | $500.00 | $302.44 | $73,387.66 |
| 32 | $500.00 | $305.78 | $74,193.44 |
| 33 | $500.00 | $309.14 | $75,002.58 |
| 34 | $500.00 | $312.51 | $75,815.09 |
| 35 | $500.00 | $315.90 | $76,630.98 |
| 36 | $500.00 | $319.30 | $77,450.28 |
| 37 | $500.00 | $322.71 | $78,272.99 |
| 38 | $500.00 | $326.14 | $79,099.13 |
| 39 | $500.00 | $329.58 | $79,928.71 |
| 40 | $500.00 | $333.04 | $80,761.74 |
| 41 | $500.00 | $336.51 | $81,598.25 |
| 42 | $500.00 | $339.99 | $82,438.24 |
| 43 | $500.00 | $343.49 | $83,281.73 |
| 44 | $500.00 | $347.01 | $84,128.74 |
| 45 | $500.00 | $350.54 | $84,979.28 |
| 46 | $500.00 | $354.08 | $85,833.36 |
| 47 | $500.00 | $357.64 | $86,691.00 |
| 48 | $500.00 | $361.21 | $87,552.21 |
| 49 | $500.00 | $364.80 | $88,417.01 |
| 50 | $500.00 | $368.40 | $89,285.42 |
| 51 | $500.00 | $372.02 | $90,157.44 |
| 52 | $500.00 | $375.66 | $91,033.09 |
| 53 | $500.00 | $379.30 | $91,912.40 |
| 54 | $500.00 | $382.97 | $92,795.37 |
| 55 | $500.00 | $386.65 | $93,682.01 |
| 56 | $500.00 | $390.34 | $94,572.36 |
| 57 | $500.00 | $394.05 | $95,466.41 |
| 58 | $500.00 | $397.78 | $96,364.18 |
| 59 | $500.00 | $401.52 | $97,265.70 |
| 60 | $500.00 | $405.27 | $98,170.98 |
| 61 | $500.00 | $409.05 | $99,080.02 |
| 62 | $500.00 | $412.83 | $99,992.85 |
| 63 | $500.00 | $416.64 | $100,909.49 |
| 64 | $500.00 | $420.46 | $101,829.95 |
| 65 | $500.00 | $424.29 | $102,754.24 |
| 66 | $500.00 | $428.14 | $103,682.38 |
| 67 | $500.00 | $432.01 | $104,614.39 |
| 68 | $500.00 | $435.89 | $105,550.28 |
| 69 | $500.00 | $439.79 | $106,490.08 |
| 70 | $500.00 | $443.71 | $107,433.79 |
| 71 | $500.00 | $447.64 | $108,381.43 |
| 72 | $500.00 | $451.59 | $109,333.02 |
| 73 | $500.00 | $455.55 | $110,288.57 |
| 74 | $500.00 | $459.54 | $111,248.11 |
| 75 | $500.00 | $463.53 | $112,211.64 |
| 76 | $500.00 | $467.55 | $113,179.19 |
| 77 | $500.00 | $471.58 | $114,150.77 |
| 78 | $500.00 | $475.63 | $115,126.40 |
| 79 | $500.00 | $479.69 | $116,106.09 |
| 80 | $500.00 | $483.78 | $117,089.87 |
| 81 | $500.00 | $487.87 | $118,077.74 |
| 82 | $500.00 | $491.99 | $119,069.73 |
| 83 | $500.00 | $496.12 | $120,065.85 |
| 84 | $500.00 | $500.27 | $121,066.13 |
| 85 | $500.00 | $504.44 | $122,070.57 |
| 86 | $500.00 | $508.63 | $123,079.20 |
| 87 | $500.00 | $512.83 | $124,092.03 |
| 88 | $500.00 | $517.05 | $125,109.08 |
| 89 | $500.00 | $521.29 | $126,130.37 |
| 90 | $500.00 | $525.54 | $127,155.91 |
| 91 | $500.00 | $529.82 | $128,185.73 |
| 92 | $500.00 | $534.11 | $129,219.83 |
| 93 | $500.00 | $538.42 | $130,258.25 |
| 94 | $500.00 | $542.74 | $131,300.99 |
| 95 | $500.00 | $547.09 | $132,348.08 |
| 96 | $500.00 | $551.45 | $133,399.53 |
| 97 | $500.00 | $555.83 | $134,455.36 |
| 98 | $500.00 | $560.23 | $135,515.59 |
| 99 | $500.00 | $564.65 | $136,580.24 |
| 100 | $500.00 | $569.08 | $137,649.32 |
| 101 | $500.00 | $573.54 | $138,722.86 |
| 102 | $500.00 | $578.01 | $139,800.88 |
| 103 | $500.00 | $582.50 | $140,883.38 |
| 104 | $500.00 | $587.01 | $141,970.39 |
| 105 | $500.00 | $591.54 | $143,061.94 |
| 106 | $500.00 | $596.09 | $144,158.03 |
| 107 | $500.00 | $600.66 | $145,258.69 |
| 108 | $500.00 | $605.24 | $146,363.93 |
| 109 | $500.00 | $609.85 | $147,473.78 |
| 110 | $500.00 | $614.47 | $148,588.25 |
| 111 | $500.00 | $619.12 | $149,707.37 |
| 112 | $500.00 | $623.78 | $150,831.15 |
| 113 | $500.00 | $628.46 | $151,959.62 |
| 114 | $500.00 | $633.17 | $153,092.78 |
| 115 | $500.00 | $637.89 | $154,230.67 |
| 116 | $500.00 | $642.63 | $155,373.30 |
| 117 | $500.00 | $647.39 | $156,520.68 |
| 118 | $500.00 | $652.17 | $157,672.85 |
| 119 | $500.00 | $656.97 | $158,829.82 |
| 120 | $500.00 | $661.79 | $159,991.61 |
| 121 | $500.00 | $666.63 | $161,158.25 |
| 122 | $500.00 | $671.49 | $162,329.74 |
| 123 | $500.00 | $676.37 | $163,506.11 |
| 124 | $500.00 | $681.28 | $164,687.39 |
| 125 | $500.00 | $686.20 | $165,873.59 |
| 126 | $500.00 | $691.14 | $167,064.73 |
| 127 | $500.00 | $696.10 | $168,260.83 |
| 128 | $500.00 | $701.09 | $169,461.92 |
| 129 | $500.00 | $706.09 | $170,668.01 |
| 130 | $500.00 | $711.12 | $171,879.12 |
| 131 | $500.00 | $716.16 | $173,095.29 |
| 132 | $500.00 | $721.23 | $174,316.52 |
| 133 | $500.00 | $726.32 | $175,542.84 |
| 134 | $500.00 | $731.43 | $176,774.26 |
| 135 | $500.00 | $736.56 | $178,010.82 |
| 136 | $500.00 | $741.71 | $179,252.54 |
| 137 | $500.00 | $746.89 | $180,499.42 |
| 138 | $500.00 | $752.08 | $181,751.50 |
| 139 | $500.00 | $757.30 | $183,008.80 |
| 140 | $500.00 | $762.54 | $184,271.34 |
| 141 | $500.00 | $767.80 | $185,539.13 |
| 142 | $500.00 | $773.08 | $186,812.21 |
| 143 | $500.00 | $778.38 | $188,090.60 |
| 144 | $500.00 | $783.71 | $189,374.31 |
| 145 | $500.00 | $789.06 | $190,663.37 |
| 146 | $500.00 | $794.43 | $191,957.80 |
| 147 | $500.00 | $799.82 | $193,257.62 |
| 148 | $500.00 | $805.24 | $194,562.86 |
| 149 | $500.00 | $810.68 | $195,873.54 |
| 150 | $500.00 | $816.14 | $197,189.68 |
| 151 | $500.00 | $821.62 | $198,511.31 |
| 152 | $500.00 | $827.13 | $199,838.44 |
| 153 | $500.00 | $832.66 | $201,171.10 |
| 154 | $500.00 | $838.21 | $202,509.31 |
| 155 | $500.00 | $843.79 | $203,853.10 |
| 156 | $500.00 | $849.39 | $205,202.49 |
| 157 | $500.00 | $855.01 | $206,557.50 |
| 158 | $500.00 | $860.66 | $207,918.15 |
| 159 | $500.00 | $866.33 | $209,284.48 |
| 160 | $500.00 | $872.02 | $210,656.50 |
| 161 | $500.00 | $877.74 | $212,034.23 |
| 162 | $500.00 | $883.48 | $213,417.71 |
| 163 | $500.00 | $889.24 | $214,806.95 |
| 164 | $500.00 | $895.03 | $216,201.98 |
| 165 | $500.00 | $900.84 | $217,602.82 |
| 166 | $500.00 | $906.68 | $219,009.50 |
| 167 | $500.00 | $912.54 | $220,422.04 |
| 168 | $500.00 | $918.43 | $221,840.46 |
| 169 | $500.00 | $924.34 | $223,264.80 |
| 170 | $500.00 | $930.27 | $224,695.07 |
| 171 | $500.00 | $936.23 | $226,131.30 |
| 172 | $500.00 | $942.21 | $227,573.51 |
| 173 | $500.00 | $948.22 | $229,021.73 |
| 174 | $500.00 | $954.26 | $230,475.99 |
| 175 | $500.00 | $960.32 | $231,936.31 |
| 176 | $500.00 | $966.40 | $233,402.71 |
| 177 | $500.00 | $972.51 | $234,875.22 |
| 178 | $500.00 | $978.65 | $236,353.87 |
| 179 | $500.00 | $984.81 | $237,838.67 |
| 180 | $500.00 | $990.99 | $239,329.67 |
| 181 | $500.00 | $997.21 | $240,826.88 |
| 182 | $500.00 | $1,003.45 | $242,330.32 |
| 183 | $500.00 | $1,009.71 | $243,840.03 |
| 184 | $500.00 | $1,016.00 | $245,356.03 |
| 185 | $500.00 | $1,022.32 | $246,878.35 |
| 186 | $500.00 | $1,028.66 | $248,407.01 |
| 187 | $500.00 | $1,035.03 | $249,942.04 |
| 188 | $500.00 | $1,041.43 | $251,483.46 |
| 189 | $500.00 | $1,047.85 | $253,031.31 |
| 190 | $500.00 | $1,054.30 | $254,585.61 |
| 191 | $500.00 | $1,060.77 | $256,146.38 |
| 192 | $500.00 | $1,067.28 | $257,713.66 |
| 193 | $500.00 | $1,073.81 | $259,287.46 |
| 194 | $500.00 | $1,080.36 | $260,867.83 |
| 195 | $500.00 | $1,086.95 | $262,454.78 |
| 196 | $500.00 | $1,093.56 | $264,048.34 |
| 197 | $500.00 | $1,100.20 | $265,648.54 |
| 198 | $500.00 | $1,106.87 | $267,255.41 |
| 199 | $500.00 | $1,113.56 | $268,868.97 |
| 200 | $500.00 | $1,120.29 | $270,489.26 |
| 201 | $500.00 | $1,127.04 | $272,116.30 |
| 202 | $500.00 | $1,133.82 | $273,750.12 |
| 203 | $500.00 | $1,140.63 | $275,390.74 |
| 204 | $500.00 | $1,147.46 | $277,038.20 |
| 205 | $500.00 | $1,154.33 | $278,692.53 |
| 206 | $500.00 | $1,161.22 | $280,353.75 |
| 207 | $500.00 | $1,168.14 | $282,021.89 |
| 208 | $500.00 | $1,175.09 | $283,696.98 |
| 209 | $500.00 | $1,182.07 | $285,379.05 |
| 210 | $500.00 | $1,189.08 | $287,068.13 |
| 211 | $500.00 | $1,196.12 | $288,764.25 |
| 212 | $500.00 | $1,203.18 | $290,467.43 |
| 213 | $500.00 | $1,210.28 | $292,177.71 |
| 214 | $500.00 | $1,217.41 | $293,895.12 |
| 215 | $500.00 | $1,224.56 | $295,619.68 |
| 216 | $500.00 | $1,231.75 | $297,351.43 |
| 217 | $500.00 | $1,238.96 | $299,090.40 |
| 218 | $500.00 | $1,246.21 | $300,836.61 |
| 219 | $500.00 | $1,253.49 | $302,590.09 |
| 220 | $500.00 | $1,260.79 | $304,350.88 |
| 221 | $500.00 | $1,268.13 | $306,119.01 |
| 222 | $500.00 | $1,275.50 | $307,894.51 |
| 223 | $500.00 | $1,282.89 | $309,677.40 |
| 224 | $500.00 | $1,290.32 | $311,467.72 |
| 225 | $500.00 | $1,297.78 | $313,265.51 |
| 226 | $500.00 | $1,305.27 | $315,070.78 |
| 227 | $500.00 | $1,312.79 | $316,883.57 |
| 228 | $500.00 | $1,320.35 | $318,703.92 |
| 229 | $500.00 | $1,327.93 | $320,531.86 |
| 230 | $500.00 | $1,335.55 | $322,367.41 |
| 231 | $500.00 | $1,343.20 | $324,210.60 |
| 232 | $500.00 | $1,350.88 | $326,061.48 |
| 233 | $500.00 | $1,358.59 | $327,920.07 |
| 234 | $500.00 | $1,366.33 | $329,786.40 |
| 235 | $500.00 | $1,374.11 | $331,660.51 |
| 236 | $500.00 | $1,381.92 | $333,542.43 |
| 237 | $500.00 | $1,389.76 | $335,432.19 |
| 238 | $500.00 | $1,397.63 | $337,329.83 |
| 239 | $500.00 | $1,405.54 | $339,235.37 |
| 240 | $500.00 | $1,413.48 | $341,148.85 |
| 241 | -$1,800.71 | $1,137.16 | $340,485.30 |
| 242 | -$1,800.71 | $1,134.95 | $339,819.54 |
| 243 | -$1,800.71 | $1,132.73 | $339,151.57 |
| 244 | -$1,800.71 | $1,130.51 | $338,481.36 |
| 245 | -$1,800.71 | $1,128.27 | $337,808.92 |
| 246 | -$1,800.71 | $1,126.03 | $337,134.24 |
| 247 | -$1,800.71 | $1,123.78 | $336,457.32 |
| 248 | -$1,800.71 | $1,121.52 | $335,778.13 |
| 249 | -$1,800.71 | $1,119.26 | $335,096.68 |
| 250 | -$1,800.71 | $1,116.99 | $334,412.96 |
| 251 | -$1,800.71 | $1,114.71 | $333,726.96 |
| 252 | -$1,800.71 | $1,112.42 | $333,038.68 |
| 253 | -$1,800.71 | $1,110.13 | $332,348.10 |
| 254 | -$1,800.71 | $1,107.83 | $331,655.21 |
| 255 | -$1,800.71 | $1,105.52 | $330,960.02 |
| 256 | -$1,800.71 | $1,103.20 | $330,262.51 |
| 257 | -$1,800.71 | $1,100.88 | $329,562.68 |
| 258 | -$1,800.71 | $1,098.54 | $328,860.51 |
| 259 | -$1,800.71 | $1,096.20 | $328,156.00 |
| 260 | -$1,800.71 | $1,093.85 | $327,449.15 |
| 261 | -$1,800.71 | $1,091.50 | $326,739.94 |
| 262 | -$1,800.71 | $1,089.13 | $326,028.36 |
| 263 | -$1,800.71 | $1,086.76 | $325,314.41 |
| 264 | -$1,800.71 | $1,084.38 | $324,598.08 |
| 265 | -$1,800.71 | $1,081.99 | $323,879.37 |
| 266 | -$1,800.71 | $1,079.60 | $323,158.26 |
| 267 | -$1,800.71 | $1,077.19 | $322,434.74 |
| 268 | -$1,800.71 | $1,074.78 | $321,708.81 |
| 269 | -$1,800.71 | $1,072.36 | $320,980.47 |
| 270 | -$1,800.71 | $1,069.93 | $320,249.69 |
| 271 | -$1,800.71 | $1,067.50 | $319,516.48 |
| 272 | -$1,800.71 | $1,065.05 | $318,780.83 |
| 273 | -$1,800.71 | $1,062.60 | $318,042.72 |
| 274 | -$1,800.71 | $1,060.14 | $317,302.16 |
| 275 | -$1,800.71 | $1,057.67 | $316,559.12 |
| 276 | -$1,800.71 | $1,055.20 | $315,813.61 |
| 277 | -$1,800.71 | $1,052.71 | $315,065.61 |
| 278 | -$1,800.71 | $1,050.22 | $314,315.12 |
| 279 | -$1,800.71 | $1,047.72 | $313,562.13 |
| 280 | -$1,800.71 | $1,045.21 | $312,806.63 |
| 281 | -$1,800.71 | $1,042.69 | $312,048.60 |
| 282 | -$1,800.71 | $1,040.16 | $311,288.06 |
| 283 | -$1,800.71 | $1,037.63 | $310,524.97 |
| 284 | -$1,800.71 | $1,035.08 | $309,759.35 |
| 285 | -$1,800.71 | $1,032.53 | $308,991.17 |
| 286 | -$1,800.71 | $1,029.97 | $308,220.43 |
| 287 | -$1,800.71 | $1,027.40 | $307,447.12 |
| 288 | -$1,800.71 | $1,024.82 | $306,671.24 |
| 289 | -$1,800.71 | $1,022.24 | $305,892.77 |
| 290 | -$1,800.71 | $1,019.64 | $305,111.70 |
| 291 | -$1,800.71 | $1,017.04 | $304,328.03 |
| 292 | -$1,800.71 | $1,014.43 | $303,541.75 |
| 293 | -$1,800.71 | $1,011.81 | $302,752.84 |
| 294 | -$1,800.71 | $1,009.18 | $301,961.31 |
| 295 | -$1,800.71 | $1,006.54 | $301,167.14 |
| 296 | -$1,800.71 | $1,003.89 | $300,370.32 |
| 297 | -$1,800.71 | $1,001.23 | $299,570.85 |
| 298 | -$1,800.71 | $998.57 | $298,768.71 |
| 299 | -$1,800.71 | $995.90 | $297,963.89 |
| 300 | -$1,800.71 | $993.21 | $297,156.40 |
| 301 | -$1,800.71 | $990.52 | $296,346.21 |
| 302 | -$1,800.71 | $987.82 | $295,533.32 |
| 303 | -$1,800.71 | $985.11 | $294,717.72 |
| 304 | -$1,800.71 | $982.39 | $293,899.40 |
| 305 | -$1,800.71 | $979.66 | $293,078.36 |
| 306 | -$1,800.71 | $976.93 | $292,254.58 |
| 307 | -$1,800.71 | $974.18 | $291,428.05 |
| 308 | -$1,800.71 | $971.43 | $290,598.77 |
| 309 | -$1,800.71 | $968.66 | $289,766.72 |
| 310 | -$1,800.71 | $965.89 | $288,931.90 |
| 311 | -$1,800.71 | $963.11 | $288,094.30 |
| 312 | -$1,800.71 | $960.31 | $287,253.90 |
| 313 | -$1,800.71 | $957.51 | $286,410.71 |
| 314 | -$1,800.71 | $954.70 | $285,564.70 |
| 315 | -$1,800.71 | $951.88 | $284,715.87 |
| 316 | -$1,800.71 | $949.05 | $283,864.22 |
| 317 | -$1,800.71 | $946.21 | $283,009.72 |
| 318 | -$1,800.71 | $943.37 | $282,152.38 |
| 319 | -$1,800.71 | $940.51 | $281,292.18 |
| 320 | -$1,800.71 | $937.64 | $280,429.11 |
| 321 | -$1,800.71 | $934.76 | $279,563.16 |
| 322 | -$1,800.71 | $931.88 | $278,694.33 |
| 323 | -$1,800.71 | $928.98 | $277,822.60 |
| 324 | -$1,800.71 | $926.08 | $276,947.97 |
| 325 | -$1,800.71 | $923.16 | $276,070.42 |
| 326 | -$1,800.71 | $920.23 | $275,189.94 |
| 327 | -$1,800.71 | $917.30 | $274,306.53 |
| 328 | -$1,800.71 | $914.36 | $273,420.18 |
| 329 | -$1,800.71 | $911.40 | $272,530.87 |
| 330 | -$1,800.71 | $908.44 | $271,638.60 |
| 331 | -$1,800.71 | $905.46 | $270,743.35 |
| 332 | -$1,800.71 | $902.48 | $269,845.12 |
| 333 | -$1,800.71 | $899.48 | $268,943.89 |
| 334 | -$1,800.71 | $896.48 | $268,039.66 |
| 335 | -$1,800.71 | $893.47 | $267,132.42 |
| 336 | -$1,800.71 | $890.44 | $266,222.15 |
| 337 | -$1,800.71 | $887.41 | $265,308.85 |
| 338 | -$1,800.71 | $884.36 | $264,392.50 |
| 339 | -$1,800.71 | $881.31 | $263,473.10 |
| 340 | -$1,800.71 | $878.24 | $262,550.64 |
| 341 | -$1,800.71 | $875.17 | $261,625.10 |
| 342 | -$1,800.71 | $872.08 | $260,696.47 |
| 343 | -$1,800.71 | $868.99 | $259,764.75 |
| 344 | -$1,800.71 | $865.88 | $258,829.92 |
| 345 | -$1,800.71 | $862.77 | $257,891.98 |
| 346 | -$1,800.71 | $859.64 | $256,950.91 |
| 347 | -$1,800.71 | $856.50 | $256,006.70 |
| 348 | -$1,800.71 | $853.36 | $255,059.35 |
| 349 | -$1,800.71 | $850.20 | $254,108.84 |
| 350 | -$1,800.71 | $847.03 | $253,155.16 |
| 351 | -$1,800.71 | $843.85 | $252,198.30 |
| 352 | -$1,800.71 | $840.66 | $251,238.25 |
| 353 | -$1,800.71 | $837.46 | $250,275.00 |
| 354 | -$1,800.71 | $834.25 | $249,308.54 |
| 355 | -$1,800.71 | $831.03 | $248,338.86 |
| 356 | -$1,800.71 | $827.80 | $247,365.95 |
| 357 | -$1,800.71 | $824.55 | $246,389.79 |
| 358 | -$1,800.71 | $821.30 | $245,410.38 |
| 359 | -$1,800.71 | $818.03 | $244,427.71 |
| 360 | -$1,800.71 | $814.76 | $243,441.76 |
| 361 | -$1,800.71 | $811.47 | $242,452.52 |
| 362 | -$1,800.71 | $808.18 | $241,459.99 |
| 363 | -$1,800.71 | $804.87 | $240,464.15 |
| 364 | -$1,800.71 | $801.55 | $239,464.98 |
| 365 | -$1,800.71 | $798.22 | $238,462.49 |
| 366 | -$1,800.71 | $794.87 | $237,456.66 |
| 367 | -$1,800.71 | $791.52 | $236,447.47 |
| 368 | -$1,800.71 | $788.16 | $235,434.92 |
| 369 | -$1,800.71 | $784.78 | $234,418.99 |
| 370 | -$1,800.71 | $781.40 | $233,399.68 |
| 371 | -$1,800.71 | $778.00 | $232,376.97 |
| 372 | -$1,800.71 | $774.59 | $231,350.85 |
| 373 | -$1,800.71 | $771.17 | $230,321.31 |
| 374 | -$1,800.71 | $767.74 | $229,288.34 |
| 375 | -$1,800.71 | $764.29 | $228,251.92 |
| 376 | -$1,800.71 | $760.84 | $227,212.05 |
| 377 | -$1,800.71 | $757.37 | $226,168.72 |
| 378 | -$1,800.71 | $753.90 | $225,121.90 |
| 379 | -$1,800.71 | $750.41 | $224,071.60 |
| 380 | -$1,800.71 | $746.91 | $223,017.80 |
| 381 | -$1,800.71 | $743.39 | $221,960.48 |
| 382 | -$1,800.71 | $739.87 | $220,899.64 |
| 383 | -$1,800.71 | $736.33 | $219,835.26 |
| 384 | -$1,800.71 | $732.78 | $218,767.34 |
| 385 | -$1,800.71 | $729.22 | $217,695.85 |
| 386 | -$1,800.71 | $725.65 | $216,620.80 |
| 387 | -$1,800.71 | $722.07 | $215,542.16 |
| 388 | -$1,800.71 | $718.47 | $214,459.92 |
| 389 | -$1,800.71 | $714.87 | $213,374.08 |
| 390 | -$1,800.71 | $711.25 | $212,284.62 |
| 391 | -$1,800.71 | $707.62 | $211,191.52 |
| 392 | -$1,800.71 | $703.97 | $210,094.78 |
| 393 | -$1,800.71 | $700.32 | $208,994.39 |
| 394 | -$1,800.71 | $696.65 | $207,890.33 |
| 395 | -$1,800.71 | $692.97 | $206,782.59 |
| 396 | -$1,800.71 | $689.28 | $205,671.15 |
| 397 | -$1,800.71 | $685.57 | $204,556.02 |
| 398 | -$1,800.71 | $681.85 | $203,437.16 |
| 399 | -$1,800.71 | $678.12 | $202,314.57 |
| 400 | -$1,800.71 | $674.38 | $201,188.25 |
| 401 | -$1,800.71 | $670.63 | $200,058.16 |
| 402 | -$1,800.71 | $666.86 | $198,924.32 |
| 403 | -$1,800.71 | $663.08 | $197,786.69 |
| 404 | -$1,800.71 | $659.29 | $196,645.27 |
| 405 | -$1,800.71 | $655.48 | $195,500.04 |
| 406 | -$1,800.71 | $651.67 | $194,351.00 |
| 407 | -$1,800.71 | $647.84 | $193,198.13 |
| 408 | -$1,800.71 | $643.99 | $192,041.41 |
| 409 | -$1,800.71 | $640.14 | $190,880.84 |
| 410 | -$1,800.71 | $636.27 | $189,716.40 |
| 411 | -$1,800.71 | $632.39 | $188,548.08 |
| 412 | -$1,800.71 | $628.49 | $187,375.86 |
| 413 | -$1,800.71 | $624.59 | $186,199.74 |
| 414 | -$1,800.71 | $620.67 | $185,019.70 |
| 415 | -$1,800.71 | $616.73 | $183,835.72 |
| 416 | -$1,800.71 | $612.79 | $182,647.80 |
| 417 | -$1,800.71 | $608.83 | $181,455.91 |
| 418 | -$1,800.71 | $604.85 | $180,260.06 |
| 419 | -$1,800.71 | $600.87 | $179,060.21 |
| 420 | -$1,800.71 | $596.87 | $177,856.37 |
| 421 | -$1,800.71 | $592.85 | $176,648.52 |
| 422 | -$1,800.71 | $588.83 | $175,436.64 |
| 423 | -$1,800.71 | $584.79 | $174,220.72 |
| 424 | -$1,800.71 | $580.74 | $173,000.74 |
| 425 | -$1,800.71 | $576.67 | $171,776.70 |
| 426 | -$1,800.71 | $572.59 | $170,548.58 |
| 427 | -$1,800.71 | $568.50 | $169,316.37 |
| 428 | -$1,800.71 | $564.39 | $168,080.05 |
| 429 | -$1,800.71 | $560.27 | $166,839.60 |
| 430 | -$1,800.71 | $556.13 | $165,595.03 |
| 431 | -$1,800.71 | $551.98 | $164,346.30 |
| 432 | -$1,800.71 | $547.82 | $163,093.41 |
| 433 | -$1,800.71 | $543.64 | $161,836.35 |
| 434 | -$1,800.71 | $539.45 | $160,575.09 |
| 435 | -$1,800.71 | $535.25 | $159,309.63 |
| 436 | -$1,800.71 | $531.03 | $158,039.96 |
| 437 | -$1,800.71 | $526.80 | $156,766.05 |
| 438 | -$1,800.71 | $522.55 | $155,487.89 |
| 439 | -$1,800.71 | $518.29 | $154,205.48 |
| 440 | -$1,800.71 | $514.02 | $152,918.78 |
| 441 | -$1,800.71 | $509.73 | $151,627.80 |
| 442 | -$1,800.71 | $505.43 | $150,332.52 |
| 443 | -$1,800.71 | $501.11 | $149,032.92 |
| 444 | -$1,800.71 | $496.78 | $147,728.99 |
| 445 | -$1,800.71 | $492.43 | $146,420.71 |
| 446 | -$1,800.71 | $488.07 | $145,108.07 |
| 447 | -$1,800.71 | $483.69 | $143,791.05 |
| 448 | -$1,800.71 | $479.30 | $142,469.65 |
| 449 | -$1,800.71 | $474.90 | $141,143.84 |
| 450 | -$1,800.71 | $470.48 | $139,813.61 |
| 451 | -$1,800.71 | $466.05 | $138,478.94 |
| 452 | -$1,800.71 | $461.60 | $137,139.83 |
| 453 | -$1,800.71 | $457.13 | $135,796.25 |
| 454 | -$1,800.71 | $452.65 | $134,448.20 |
| 455 | -$1,800.71 | $448.16 | $133,095.65 |
| 456 | -$1,800.71 | $443.65 | $131,738.59 |
| 457 | -$1,800.71 | $439.13 | $130,377.01 |
| 458 | -$1,800.71 | $434.59 | $129,010.89 |
| 459 | -$1,800.71 | $430.04 | $127,640.22 |
| 460 | -$1,800.71 | $425.47 | $126,264.98 |
| 461 | -$1,800.71 | $420.88 | $124,885.15 |
| 462 | -$1,800.71 | $416.28 | $123,500.73 |
| 463 | -$1,800.71 | $411.67 | $122,111.69 |
| 464 | -$1,800.71 | $407.04 | $120,718.02 |
| 465 | -$1,800.71 | $402.39 | $119,319.70 |
| 466 | -$1,800.71 | $397.73 | $117,916.72 |
| 467 | -$1,800.71 | $393.06 | $116,509.07 |
| 468 | -$1,800.71 | $388.36 | $115,096.72 |
| 469 | -$1,800.71 | $383.66 | $113,679.67 |
| 470 | -$1,800.71 | $378.93 | $112,257.89 |
| 471 | -$1,800.71 | $374.19 | $110,831.38 |
| 472 | -$1,800.71 | $369.44 | $109,400.10 |
| 473 | -$1,800.71 | $364.67 | $107,964.06 |
| 474 | -$1,800.71 | $359.88 | $106,523.23 |
| 475 | -$1,800.71 | $355.08 | $105,077.60 |
| 476 | -$1,800.71 | $350.26 | $103,627.15 |
| 477 | -$1,800.71 | $345.42 | $102,171.87 |
| 478 | -$1,800.71 | $340.57 | $100,711.73 |
| 479 | -$1,800.71 | $335.71 | $99,246.73 |
| 480 | -$1,800.71 | $330.82 | $97,776.84 |
| 481 | -$1,800.71 | $325.92 | $96,302.05 |
| 482 | -$1,800.71 | $321.01 | $94,822.35 |
| 483 | -$1,800.71 | $316.07 | $93,337.71 |
| 484 | -$1,800.71 | $311.13 | $91,848.13 |
| 485 | -$1,800.71 | $306.16 | $90,353.58 |
| 486 | -$1,800.71 | $301.18 | $88,854.05 |
| 487 | -$1,800.71 | $296.18 | $87,349.52 |
| 488 | -$1,800.71 | $291.17 | $85,839.98 |
| 489 | -$1,800.71 | $286.13 | $84,325.40 |
| 490 | -$1,800.71 | $281.08 | $82,805.78 |
| 491 | -$1,800.71 | $276.02 | $81,281.09 |
| 492 | -$1,800.71 | $270.94 | $79,751.32 |
| 493 | -$1,800.71 | $265.84 | $78,216.44 |
| 494 | -$1,800.71 | $260.72 | $76,676.46 |
| 495 | -$1,800.71 | $255.59 | $75,131.33 |
| 496 | -$1,800.71 | $250.44 | $73,581.06 |
| 497 | -$1,800.71 | $245.27 | $72,025.62 |
| 498 | -$1,800.71 | $240.09 | $70,465.00 |
| 499 | -$1,800.71 | $234.88 | $68,899.17 |
| 500 | -$1,800.71 | $229.66 | $67,328.13 |
| 501 | -$1,800.71 | $224.43 | $65,751.85 |
| 502 | -$1,800.71 | $219.17 | $64,170.31 |
| 503 | -$1,800.71 | $213.90 | $62,583.50 |
| 504 | -$1,800.71 | $208.61 | $60,991.40 |
| 505 | -$1,800.71 | $203.30 | $59,394.00 |
| 506 | -$1,800.71 | $197.98 | $57,791.27 |
| 507 | -$1,800.71 | $192.64 | $56,183.20 |
| 508 | -$1,800.71 | $187.28 | $54,569.77 |
| 509 | -$1,800.71 | $181.90 | $52,950.96 |
| 510 | -$1,800.71 | $176.50 | $51,326.75 |
| 511 | -$1,800.71 | $171.09 | $49,697.13 |
| 512 | -$1,800.71 | $165.66 | $48,062.08 |
| 513 | -$1,800.71 | $160.21 | $46,421.58 |
| 514 | -$1,800.71 | $154.74 | $44,775.60 |
| 515 | -$1,800.71 | $149.25 | $43,124.15 |
| 516 | -$1,800.71 | $143.75 | $41,467.19 |
| 517 | -$1,800.71 | $138.22 | $39,804.70 |
| 518 | -$1,800.71 | $132.68 | $38,136.67 |
| 519 | -$1,800.71 | $127.12 | $36,463.09 |
| 520 | -$1,800.71 | $121.54 | $34,783.92 |
| 521 | -$1,800.71 | $115.95 | $33,099.16 |
| 522 | -$1,800.71 | $110.33 | $31,408.78 |
| 523 | -$1,800.71 | $104.70 | $29,712.77 |
| 524 | -$1,800.71 | $99.04 | $28,011.10 |
| 525 | -$1,800.71 | $93.37 | $26,303.76 |
| 526 | -$1,800.71 | $87.68 | $24,590.73 |
| 527 | -$1,800.71 | $81.97 | $22,871.99 |
| 528 | -$1,800.71 | $76.24 | $21,147.52 |
| 529 | -$1,800.71 | $70.49 | $19,417.30 |
| 530 | -$1,800.71 | $64.72 | $17,681.32 |
| 531 | -$1,800.71 | $58.94 | $15,939.55 |
| 532 | -$1,800.71 | $53.13 | $14,191.97 |
| 533 | -$1,800.71 | $47.31 | $12,438.57 |
| 534 | -$1,800.71 | $41.46 | $10,679.32 |
| 535 | -$1,800.71 | $35.60 | $8,914.21 |
| 536 | -$1,800.71 | $29.71 | $7,143.21 |
| 537 | -$1,800.71 | $23.81 | $5,366.31 |
| 538 | -$1,800.71 | $17.89 | $3,583.49 |
| 539 | -$1,800.71 | $11.94 | $1,794.73 |
| 540 | -$1,800.71 | $5.98 | $0.00 |
About the Annuity Calculator
An annuity has two phases, and this calculator models both. In the accumulation phase you build a fund with an initial premium and regular deposits that grow at a fixed rate. At annuitization the fund converts to income for the payout phase, where the balance continues to earn interest while it is paid out. You can solve for the income a set length provides, or how long a chosen payment will last — and the balance chart shows the fund rising then drawing down to zero.
Accumulation: building the fund
During accumulation, each deposit and all prior earnings compound, so the fund grows faster over time — and growth in an annuity is tax-deferred until you withdraw. A longer accumulation period and larger or earlier deposits all raise the fund value at annuitization, which in turn raises the income it can support.
Payout: turning savings into income
The payout phase offers two common structures here. Fixed length (period certain) pays a level amount that exactly depletes the balance over the years you choose — shorter periods pay more per period. Fixed payment takes the amount you want and finds how long the fund lasts. Because the remaining balance keeps earning interest, total income usually exceeds the fund value at annuitization.
Things to keep in mind
Real annuity contracts add features this model does not: lifetime (life-only or joint) payout options based on life expectancy, surrender charges, riders, administrative and mortality fees, and inflation. Lifetime options trade a lower payment for income you cannot outlive. Treat these results as a planning estimate of fixed-length and fixed-payment structures, and read any contract’s terms carefully.
Important disclaimer
⚠ Disclaimer: This annuity calculator is for general education and planning only and is not financial or tax advice. It assumes fixed rates and level cash flows and ignores taxes, fees, surrender charges, riders, and lifetime/mortality-based payouts. Actual annuity products vary widely. Annuities are not FDIC-insured. Confirm details with the issuing insurer and a licensed advisor.
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Annuity Calculator FAQ
What are the two phases of an annuity?
The accumulation phase, where you build the fund with deposits that grow at a fixed rate, and the payout (distribution) phase, where the fund is converted into a stream of income. This calculator models both.
What is the difference between fixed length and fixed payment payouts?
Fixed length (period certain) pays a level amount that depletes the fund over a set number of years. Fixed payment lets you set the amount and shows how many years the fund will last before it runs out.
Why is total income higher than the fund at annuitization?
Because the balance keeps earning interest during the payout phase. You are paid your principal plus the interest it continues to generate while it is drawn down.
Does this include lifetime or joint-life payouts?
No. Those depend on life expectancy and mortality assumptions. This tool models fixed-length and fixed-payment structures; lifetime options generally pay less per period in exchange for income you cannot outlive.
Can the accumulation and payout rates differ?
Yes. Many annuities credit a different rate once they annuitize, so the calculator lets you set a separate payout-phase rate from the accumulation growth rate.
Are annuity earnings taxed?
Earnings grow tax-deferred and are taxed as income when withdrawn; withdrawals before age 59½ may incur a 10% penalty. This calculator shows pre-tax figures — consult a tax professional for your situation.
Is this annuity calculator free?
Yes. It is free, requires no sign-up, and runs entirely in your browser.