Annuity Calculator

Calculate your guaranteed pension payout from a fixed annuity investment.

Annuity Details

Amount invested in annuity
Annual payout rate
%
For how long you receive payouts
Years

Fixed vs Variable Annuity

This calculator models a fixed annuity where payouts are guaranteed. Variable annuities (linked to market) may have different returns.

Your Monthly Pension

0

Guaranteed payout for 20 years from your corpus of 5,000,000.

Annual Payout

0

Total Payout

0

Effective Yield

0%

Payout Stream

Documentation

How Annuities Work

Types of Annuities

  • Immediate Annuity: Payouts start immediately after investment
  • Deferred Annuity: Payouts start after a deferment period
  • Life Annuity: Payouts continue for life
  • Term Annuity: Payouts for a fixed number of years

Key Considerations

  • Annuity rates vary by provider and age
  • Higher corpus = higher payouts
  • Joint life annuities continue for surviving spouse
  • Payouts are taxable as income