What is the annuity payout calculator?

The Annuity Calculator is intended for use involving the accumulation phase of an annuity and shows growth based on regular deposits. Please use our Annuity Payout Calculator to determine the income payment phase of an annuity.

How do I calculate annuity payments?

Annuity payments can be calculated using the following formula: PMT = r (PV)/ 1 – (1 + r ) -n where PV= Present value, r = interest rate and n = number of payments per year. Our free tool can help you find an advisor who serves your needs. Get matched with a financial advisor who fits your unique criteria.

How does a monthly annuity calculator work?

In general, the longer the insurance company expects to have to pay you, the lower your payment amounts will be. The reason you enter your age and sex in the monthly annuity calculator is to determine your life expectancy. An older person will probably receive higher payouts than a younger person.