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Annuity Payout Calculator

Use this free Annuity Payout Calculator to determine your income options from an annuity. Simple, accurate, and easy to use online.

The Annuity Payout Calculator helps you determine how much regular income you can generate from a lump-sum investment over a specific period. It is essentially the reverse of saving for retirement—this calculates how to spend down your savings efficiently.

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INPUT VALUES

Lump Sum Investment (PV)100000
Annual Interest Rate (%)5
Payout Period (Years)20
Payout Frequencymonthly
Annuity Typeordinary

When to Use This Calculator

Use this calculator to:

  • Plan Retirement Withdrawals: Determine the maximum monthly income you can safely withdraw from your nest egg over 20 or 30 years.
  • Structure Settlements: Calculate payments for a fixed-period structured settlement or lottery win.

Example Scenario

Example Scenario:
- Lump Sum Investment: $100,000
- Annual Return: 5%
- Payout Period: 20 Years
- Type: Ordinary (End of month)

Calculations:
- Monthly Payout: You will receive approximately $660/month.
- Total Payout: Over 20 years, you will receive a total of $158,389.
- Total Interest: Your $100,000 generated $58,389 in interest earnings during the payout phase.