Estimate the regular payout a balance could support over a set number of years at a return rate you choose. Supports monthly, quarterly or yearly payouts, beginning or end timing, a yearly payout increase and a full withdrawal schedule.
Annuity Payout Calculator estimates the regular withdrawal that would bring a balance to zero over the period you choose, assuming the remaining balance keeps earning the rate you enter. Pick monthly, quarterly or yearly payouts, whether each payout happens at the beginning or end of the period, and an optional yearly increase so later payouts rise — for example to keep pace with costs.
The starting payout is found exactly from the present value of every planned payout, which also handles a 0% return correctly. You see the starting payout, total projected withdrawals, total growth and the ending balance, with a schedule by year or by individual payout. This is a mathematical withdrawal estimate only: it is not an annuity quote, an insurance product, a guarantee, tax treatment or a retirement plan, and real returns change from year to year.
No. It is a mathematical estimate of withdrawals from a balance under your own assumptions. It is not an insurance product, an annuity quote, a guarantee or tax treatment.
The tool adds up the present value of every planned payout — allowing for timing and any yearly increase — and divides the starting balance by that total. The schedule then confirms that the balance reaches zero after the last payout.
The annual rate divided by the number of payouts per year, applied to the remaining balance each period. For example, 6% with monthly payouts uses 0.5% a month.
Paying at the beginning of each period means each payout leaves the balance before it earns growth for that period, so the starting payout is slightly lower than with end-of-period payments.
All payouts in year 2 are the chosen percentage higher than in year 1, year 3 higher again, and so on. The starting payout is lower so that the growing payments still run the balance down by the end date.
The balance simply divides across the payouts. With no increase, each payout is the balance divided by the number of payouts.
A starting balance above zero up to 10 trillion, returns from 0% to 30%, payout increases from 0% to 20%, and 1 to 60 whole years (up to 720 payouts).
No. Calculations run in your browser on your device. Amounts, rates, results and tables are not uploaded and are not saved in browser storage. Reset clears them from the page.
