Finance
Annuity Payment Calculator
Estimate the regular payment from a lump sum invested as an annuity.
Formula
Payment equals lump sum times the periodic rate, divided by one minus one plus the periodic rate to the power of negative periods.
How it works
This models a fixed annuity that pays out until the lump sum is exhausted. Real annuities may be for life, inflation-linked, or include fees, which change the payment.
FAQs
Is the payment guaranteed?
Only as the annuity contract states — check the provider's terms.
What if I live longer than the term?
A fixed-term annuity stops; a lifetime annuity does not.
Are taxes included?
No, annuity income is often taxable — check local rules.
Are these figures financial advice?
No — they are estimates for planning only, not financial advice. Check with a qualified adviser for decisions involving large sums.
Estimates only, not financial advice. Figures are approximate and do not include all fees, taxes, or changing rates unless stated.