Annuity Calculator: How to Calculate Annuities

Shawn Plummer

CEO, The Annuity Expert

Are you looking for a way to calculate your retirement savings? If so, you may want to consider using an annuity calculator. Our free annuity calculator can help you estimate how much money you will receive each month during your retirement years or shows accumulation growth based on consistent deposits. In this guide, we will provide helpful calculators for:

Use these financial calculators as a reference point. If you’d like up to the day data, contact us. Another great reference is our guide on how we solved how much an annuity would pay per month in various scenarios.

YouTube video

Annuity Interest Calculator

Fixed annuities are utilized like long-term savings accounts. This calculator is designed for use while planning an annuity’s accumulation phase and displays growth based on regular deposits.

Compound Interest Calculator
$
%
Years
Months

Additional deposits/loans

$

Totals

$

$

$

$

$

$

Retirement Income Calculator

Are you looking for a retirement calculator to generate predictable income for life? If so, you’ve come to the right place! This annuity calculator is designed to help you plan for a secure and comfortable retirement. It considers your current age, retirement age, and desired monthly income. With this information, the calculator will tell you how much money you need to save each month to achieve your retirement goals. So give it a try today!

Immediate Annuity Calculator

Looking for a reliable and accurate way to calculate your immediate annuity payment amount? Look no further! This immediate annuity calculator will help you determine how much money you can expect to receive each month from this particular annuity contract based on your life expectancy. In addition, they have designed this tool to be easy to use and completely confidential. So don’t wait any longer. Try The Standard’s or AIG’s SPIA calculator today!

Note: There is no cash value (only cash flows) in immediate annuities.

Long-Term Care Annuity Calculator

It’s no secret that the cost of long-term care can be prohibitive. The average cost of long-term care in the U.S. is now over $6,000 per month! That’s a lot of money to pay out each month, especially if you’re on a fixed income. One way to ensure that you have the coverage you need in old age is to purchase a long-term care annuity. With Global Atlantic’s long-term care calculator, you can figure out exactly how much coverage you need and how much it will cost.

Indexed Annuity Rate Calculator

Like most people, you want to receive the best return on your investment. And if you’re thinking about purchasing an equity-indexed annuity, it’s essential to understand how changes in the S&P 500 can impact your payments. That’s why The Standard created this indexed annuity rate calculator. Using actual data from the S&P 500, this calculator will show you how changes in the stock market can affect your single-lump sum payment.

Fixed-Rate Annuity Calculator

Are you looking to estimate your earnings potential with a fixed rate annuity? The Standard’s fixed annuity rate calculator can help! Just enter a few pieces of information about the annuity, such as the lump sum amount invested and the number of years you’d like to estimate, and this handy tool will calculate your estimated earnings so you can see the annual growth rate. In addition, this tool can give you a good idea of how a fixed rate annuity account may grow over time, like a savings account, and whether it could be a good investment for you.

Lifetime Income Calculator

What would happen if you didn’t have a steady income in retirement? You may be forced to make difficult decisions, like selling your home or cutting back on your lifestyle. But what if there was another way? Midland offers a lifetime income planning calculator that can help provide a lifetime “paycheck” for the rest of your life. With this calculator, you can determine how much monthly income you could receive and know that you’ll always have the money you need.

Monthly Retirement Income Needs Calculator

How much money do you need each month to live comfortably in retirement? This is a question that many people are starting to ask as they near retirement age. The answer may surprise you – it’s not as much as you think! Midland’s monthly income calculator will calculate your monthly income stream needs.

Retirement Annuity Calculators

Retirement annuity calculators can help you figure out how long it might take to reach your retirement savings goals. You can use them to determine how much interest rate you need to grow your annuity, how much time you need, or what your financial plan should be. American Equity’s calculators will do just that.

  • Rate of Return Calculator
  • Time of Return Calculator
  • Value of Return Calculator (Present Value and Future Value)

Annuity Income Calculator

Use Brighthouse’s Annuity Income Calculator to help figure out how much money you will need in retirement. This estimation will help you know whether your essential expenses will be covered. Plus, find out how an annuity could provide additional guaranteed income to help fill any gaps.

Annuity Cost Calculator

Figuring out the cost of an annuity can be confusing. There are a lot of factors to consider, such as the amount of money you want to invest, the term of the annuity, and the interest rate. That’s why TIAA created this annuity cost calculator tool for their variable annuity. With this tool, you can easily estimate how much variable annuities will cost. So enter in the information about your annuity, and let the calculator do the rest!

Lifetime Income Rider Calculator

Are you looking to generate a lifetime of income from your retirement savings plan? Check out our lifetime income rider calculator! This tool will help you see how much future income your savings can generate each year for the rest of your life. In addition, if you know how much income you need, this tool will show you how much needs to be saved to achieve it in the future. Enter your age, desired future payments when you retire, and the current balance is saved. Nationwide’s calculator will do the rest.

Present Value Calculator

A present value of annuity calculator is a tool that can be used to determine the current value of a stream of future payments. The calculator takes into account the time value of money, which means that it adjusts for the fact that a dollar today is worth more than a dollar in the future. This is because money today can be invested and earn interest, while money in the future cannot. As a result, the present value of annuity calculator can be used to compare different investment options.

For example, it can be used to determine whether it is better to invest in a high-yield savings account or to purchase an annuity. The calculator can also be used to evaluate the potential return on investment for different annuity products. By inputting different variables, such as the size of the annuity payments and the interest rate, investors can compare different annuity products and make an informed decision about which one is right for them.

Future Value Calculator

Assuming that you’re asking about a specific calculator, the future value of an annuity calculator is a tool that helps determine the future value of an annuity. This can be useful for retirement planning or other long-term financial goals. To use the calculator, you’ll need to input information about the annuity, including the interest rate, the number of payments, and the payment amount. You can also include a lump sum payment if you’re planning on making one.

Annuity Calculator

An annuity payout calculator can be a helpful tool for anyone who is considering purchasing an annuity. An annuity is an investment that allows you to receive a stream of payments over time, and the payout calculator can help you determine how much you will receive each year. The calculator takes into account factors such as your age, the length of the annuity, and the interest rate.

In addition, the calculator can help you compare different annuity options in order to find the best one for your needs. With the help of an annuity payout calculator, you can make an informed decision about whether or not an annuity is right for you.

Ordinary Annuity Calculator

An ordinary annuity is a sequence of equal payments made at regular intervals. The payments can be made weekly, bi-weekly, monthly, annually, or at any other interval that you specify. This calculator can be used to calculate the payment amount for an ordinary annuity given the present value, number of payments, and interest rate.

Powerball Annuity Calculator

The Powerball annuity jackpot is paid out in 30 graduated annual payments. This calculator can be used to calculate the payment amount for an annuity given the present value, number of payments, and interest rate.

Lifetime Annuity Calculator

A lifetime annuity is a stream of payments that continues for the life of the annuitant. This calculator can be used to calculate the payment amount for a lifetime annuity given the present value, interest rate, and the number of payments.

Deferred Annuity Calculator

A deferred annuity is an annuity that begins at some point in the future. This calculator can be used to calculate the payment amount for a deferred annuity given the present value, number of payments, and interest rate.

Other Helpful Calculators

The following are additional tools to help with your annuity research. We’ll continue to add to this list as we find them.

Annuity TypeAnnuity Calculator
Fixed Indexed AnnuityGreat American (financial advisor use only)
Fixed Deferred Annuities Calculator Oceanview Life and Annuity
Fixed Income CalculatorAIG
Roth Vs. Traditional IRA CalculatorThe Annuity Expert
RMD CalculatorThe Annuity Expert
Taxable Vs. Tax-Deferred CalculatorThe Annuity Expert
Life Insurance CalculatorThe Annuity Expert
Fixed Indexed Annuities CalculatorAIG (financial advisor only)

Annuities At A Glance

Variable
Annuity
Fixed Index
Annuity
Fixed
Annuity
Immediate
Annuity
Deferred
Income
Annuity
Principal ProtectionNoYesYesYesYes
Access To PrincipalYesYesYesNoNo
Control Over MoneyYesYesYesNoNo
Tax-Deferred GrowthYesYesYesNoNo
Guaranteed GrowthNoYesYesNoNo
Guaranteed IncomeYesYesYesYesYes
Inflation ProtectionYesYesNoYesYes
Death BenefitYesYesYesYes/NoYes/No
Long-Term Care HelpYesYesYesNoNo

Conclusion

We hope you found this list of annuity calculators helpful as you research the best annuity for your retirement. If you have any questions, please don’t hesitate to contact us. Our team of experts is available to help guide you through the process and make sure you find the right annuity for your needs. Click below for a free quote and let us help get you started on the path to a secure retirement.

Contact Us For An Annuity Quote

Annuity Calculator
Contact Us
First
Last

Related Reading

Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

The Annuity Expert is an online insurance agency servicing consumers across the United States. My goal is to help you take the guesswork out of retirement planning or find the best insurance coverage at the cheapest rates for you. 

Scroll to Top