Annuity Payout Calculator
Calculate your retirement income with our advanced annuity calculator. Estimate payout schedules, interest earnings, and visualize your financial future.
Input Parameters
Please enter a valid amount
Please enter a valid interest rate
Please enter a valid period
Results
Enter your annuity details and click "Calculate Payout" to see your results
Frequently Asked Questions
What is an annuity payout?
An annuity payout is a series of payments made at regular intervals from an annuity investment. This is commonly used in retirement planning to provide a steady income stream.
How is the annuity payout calculated?
The payout is calculated based on the principal amount, interest rate, payout period, and frequency. The formula considers both the return of principal and interest earnings over time.
What's the difference between ordinary annuity and annuity due?
An ordinary annuity makes payments at the end of each period, while an annuity due makes payments at the beginning of each period. Annuity due payments typically result in slightly higher periodic payments.
Can I change the payout frequency after starting an annuity?
This depends on the specific annuity contract. Some annuities allow changes to payment frequency, while others lock in the frequency at the start of the payout phase.
Are annuity payouts taxable?
The tax treatment of annuity payouts depends on whether the annuity was purchased with pre-tax or after-tax dollars. Typically, a portion of each payment is considered a return of principal (non-taxable) and a portion is earnings (taxable).