Annuity Payout Calculator

Enter balance and assumed return (or withdrawal rate). See sustainable monthly payout over a chosen period.

Monthly payout

Enter values to calculate.

How it works

Present value of annuity: given balance, rate, years → payment = balance × [r(1+r)^n] / [(1+r)^n − 1]. We use the engine to solve for payment from PV.

When to use it

Use it to see how much you could withdraw monthly from a lump sum over a set period.

Frequently asked questions

Same as retirement withdrawal?

Similar. This one starts from balance and solves for payment.

Lifetime annuity?

We use a fixed period. Lifetime annuities use mortality tables.