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Annuity Payout Calculator

Enter your annuity details

$

The amount in the annuity or savings pot when payouts begin.

%
yrs
More options

Annuity quotes usually give a yearly effective rate. Choose nominal to match loan-style formulas.

$

For example, an amount for heirs. Use 0 to spend everything.

Your results

Monthly payout

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Total payouts

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Total return earned

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Number of payouts

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Return per payout period
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Payouts per year in total
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Final payout
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Balance left at the end
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Assumes a steady return and level payouts with no fees, taxes or inflation adjustments.

Year-by-year balance

How the balance runs down as you take payouts while the rest keeps earning a return.

YearStarting balanceReturn earnedPayoutsEnding balance

Results are estimates for educational purposes and are not financial, tax or legal advice.

Find the level payout a lump sum can support for a set number of years, or how long your money lasts if you take a fixed amount each period. If you want to see how the figures change, the free annuity calculator gives you an instant result you can adjust as you go.