Future income

Annuity Payout Calculator

Calculate periodic income from an annuity over its payout period. Use this Retirement tool to enter your numbers, review the result, and understand the key assumptions before making the next decision.

What you get
A focused calculator, clear explanation, common questions, and useful next tools.
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Result
Explanation
Common questions
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How this calculator works
The result depends on the numbers you enter and the assumptions shown below.

This calculator determines how much an annuity will pay periodically during the distribution phase. It uses the ordinary annuity payment formula and shows the total amount paid out and how much came from investment growth versus principal.

Review the inputs carefully and treat the output as an estimate. For decisions involving money, taxes, health, law, or security, compare the result with trusted professional guidance when needed.

Frequently asked questions

What is the difference between accumulation and payout phase?

The accumulation phase is when you contribute to the annuity and it grows. The payout phase is when you receive income from the annuity. This calculator covers the payout phase.

Does the annuity pay out all funds?

With a fixed-period annuity, all funds are paid out by the end of the term. The interest earned during payout increases the total you receive above the original annuity value.