Financial Calculators
Annuity Payout Calculator
See the income an annuity balance can pay out.
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About the Annuity Payout Calculator
Turn a retirement balance into an income stream. Enter your annuity balance, an assumed annual growth rate, and the payout period in years to see the monthly and annual payout and the total paid out. It's a fast way to gauge how long savings will last, or how much monthly income a nest egg can safely provide.
How to use the Annuity Payout Calculator
- 01Enter your annuity balance, growth rate, and payout period.
- 02Read the result instantly — it recalculates as you type.
- 03Adjust the numbers to model different scenarios.
Frequently asked questions
How is an annuity payout calculated?
The balance is drawn down over the payout period while the remaining money keeps earning — the same math as amortizing a loan in reverse.
Will the money run out?
At a fixed payout over a set period, yes — it's fully paid out by the end. For lifetime income, an insurer-backed annuity guarantees payments.