📅 Deferred Annuity Calculator
Estimate how much a deferred annuity could grow during the accumulation phase, and the periodic payout once distributions begin.
What is a deferred annuity?
A deferred annuity grows your initial deposit tax-deferred over an accumulation (deferral) period, then converts the balance into periodic payments during a payout phase. This calculator models both stages.
How it works
During the deferral period, the initial deposit compounds annually at the assumed rate: Future Value = Deposit × (1 + rate)^years. That future value is then annuitized (spread into equal monthly payments) over the payout period using the standard annuity payment formula.
This is a simplified educational estimate. Real annuity contracts include fees, surrender charges, and guarantees that affect actual payouts — consult the specific contract and a licensed financial professional for real decisions.