Annuity Calculator
Estimate annuity payouts or the balance needed to fund them.
Monthly payout
$2,922.95
for 25 years
Total received
$876,885
Growth while paying out
$376,885
Turning a balance into income
An annuity payout is amortization in reverse: the balance keeps earning while equal withdrawals draw it to zero over the chosen period. $500,000 at 5% supports about $2,922 monthly for 25 years — meaningfully more than balance ÷ months, because the remaining money keeps working.
Insurance annuities differ
Commercial annuities from insurers price in fees, mortality pooling, and guarantees (like lifetime income you can't outlive), so their quotes differ from this pure-math payout. Use this as the benchmark a quoted product must justify itself against.
Frequently asked questions
- How does the Annuity Calculator work?
- Estimate annuity payouts or the balance needed to fund them.
- Is the Annuity Calculator free to use?
- Yes. The Annuity Calculator is completely free, runs entirely in your browser, and requires no account or sign-up. Your inputs never leave your device.
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