Annuity Calculator: Project Future Value and Income Payments
Calculate the future value of an annuity and estimate potential payouts based on your investment parameters. Plan for retirement with our comprehensive annuity calculator.
Category: Financial
Frequently Asked Questions
What is an annuity?
An annuity is a financial product that provides regular payments in exchange for an initial investment. Annuities are often used for retirement planning to provide a steady income stream.
What's the difference between a deferred and immediate annuity?
A deferred annuity has an accumulation phase where your investment grows tax-deferred before payments begin. An immediate annuity starts providing income payments shortly after the initial investment.
How does the payout frequency affect my annuity payments?
The payout frequency determines how often you receive payments. Monthly payments are smaller than annual payments, but provide more regular income. The total annual amount typically remains the same.
How accurate is this annuity calculator?
This calculator provides estimates based on the information you provide. Actual annuity products may have different features, fees, and payout rates that could affect your results.