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💳 Annuity Payout Calculator

See how much you could receive each period from a lump sum invested in an annuity, based on your rate of return and payout timeline.

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How annuity payouts work

An annuity payout calculation figures out how much you can withdraw regularly from a lump sum so that it’s fully paid out (principal and interest) by the end of a set period.

How this calculator works

Enter your lump-sum principal, expected annual interest rate, the payout period in years, and how often you’d like to receive payments. The calculator uses the standard loan-style payment formula (applied in reverse, as a payout) so that regular withdrawals of interest and principal exhaust the balance exactly at the end of the period.

This is a general planning tool. Real annuity products may include fees, guarantees, and tax treatment that affect actual payouts.

Last reviewed August 2026