Retirement & Annuity
Annuity Insurance Calculator
Calculate annuity payments, future value, and income stream for retirement planning.
💰 Investment Details
Initial Investment
$
Annual Contribution
$
Amount added each year
📈 Growth & Returns
Annual Growth Rate
%
Expected annual return on investment
Accumulation Period (Years)
Years before receiving annuity payments
🏦 Annuity Payout
Payout Period (Years)
How long you receive payments
Payout Type
Fixed period or lifetime payments
Annuity
0%
Annual Payout
$0
per year
Total Contributions
$0
Future Value
$0
Total Payout
$0
Monthly Payout
$0
📊 Year-by-Year Projection
| Year | Contributions | Balance | Growth | Payout |
|---|
How the formula works
FV = P × (1 + r)ⁿ + PMT × [((1 + r)ⁿ − 1) / r] | Annuity = FV × [r / (1 − (1 + r)⁻ⁿ)]
- Future Value (FV) = Accumulated value after growth period
- P = Initial investment (principal)
- r = Annual growth rate ÷ 100
- n = Accumulation period in years
- PMT = Annual contribution
- Annuity Payout = Annual payment received during retirement
- Total Payout = Annual Payout × Payout Years