Annuity Payout Calculator

Calculate how much income an annuity will pay over time.

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Annuity Payout

Enter your lump sum, rate, and payout period.

Monthly payout
$0
Annual income: $0
Payment per period
$0
Annual income
$0
Total payments received
$0
Total interest earned
$0
Effective annual return
0%
Principal returned
$0

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Lump sum investment ($)$500,000
Annual interest rate (%)5%
Payout period (years)20
Payment frequencyMonthly
ResultValue
Monthly payout$3,300
Payment per period$3,300
Annual income$39,597/yr
Total payments received$791,947
Total interest earned$291,947
Effective annual return2.33%

Values shown are produced by this page in your browser; change any input to update them.

How to use the Annuity Payout

  1. Lump sum investment ($) — default $500,000
  2. Annual interest rate (%) — default 5%
  3. Payout period (years) — default 20
  4. Payment frequency — default Monthly
  5. Press Calculate to update the results instantly.

Frequently asked questions

Sources & references