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Annuity Payout Calculator
Estimate a level monthly payout from a starting balance over a fixed number of years using an assumed annual return.
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Retirement income planning
Interactive calculator
Estimate level annuity withdrawals
Use a starting balance, expected return, and payout period to estimate a steady monthly withdrawal from an annuity-style portfolio.
Results
Monthly payout
$2,923
Annual payout
$35,075
Lifetime payout
$876,885
Estimated growth
$376,885
Projected payout above the starting balance because of assumed return.
How to use it
- 01Enter the starting balance available for income.
- 02Set the expected annual return and the number of years the payouts should last.
- 03Review the projected monthly payout and total lifetime payout.
Result guide
- Monthly payout is the level amount that could be withdrawn each month over the chosen period under the return assumption entered.
- Annual payout converts the monthly amount into a yearly income figure for easier budgeting.
- Estimated growth shows how much of total lifetime payout comes from assumed portfolio return above the starting balance.
Why this page matters
Annuity-style payout pages are useful when someone has a balance today and wants to translate it into a predictable income stream over a chosen number of years.
This type of tool is especially valuable for retirement planning because it helps connect a lump sum to an understandable monthly income figure.
Frequently asked questions
Is this the same as a guaranteed insurance annuity quote?
No. This is a planning calculator that uses your chosen return assumption; it is not an insurer quote or guarantee.
Why does a longer payout period lower monthly income?
Because the same starting balance must support withdrawals for more months, so each payment needs to be smaller unless returns are much higher.
Can I use this for drawdown planning from investments too?
Yes. It can be used as a simple level-withdrawal estimate for an investment balance, as long as you understand the return is only an assumption.
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