Free Annuity Calculator - Plan Your Retirement Income
Calculate annuity payments, present value, and future value. Understand how much income your annuity will provide in retirement.
Quick Answer
An annuity calculator helps determine periodic payments from a lump sum investment or the lump sum needed to generate desired payments. Use our free calculator at practicalwebtools.com to calculate present value, future value, and payment amounts for any annuity.
Key Facts about Annuity Calculator:
- Annuities provide guaranteed income streams for retirement
- Present value annuity formula: PV = PMT × [(1-(1+r)^-n)/r]
- Future value annuity formula: FV = PMT × [((1+r)^n-1)/r]
- Immediate annuities start payments right away
- Deferred annuities accumulate value before payments begin
- Fixed annuities offer guaranteed rates; variable annuities fluctuate with market
Why Use Our Annuity Calculator?
Complete annuity planning tools:
Payment Calculator
Calculate periodic payments from a lump sum.
Present Value
Find the lump sum needed for desired payments.
Future Value
Project growth of regular contributions.
Multiple Scenarios
Compare different annuity options.
Instant Results
Get calculations immediately.
Privacy First
Your data never leaves your browser.
How to Annuity Calculator in 3 Easy Steps
Calculate your annuity:
Choose Calculation Type
Select payment, present value, or future value calculation.
Enter Details
Input amount, interest rate, and time period.
View Results
See your annuity calculations instantly.
Why Use Our Annuity Calculator?
Plan retirement income
Compare annuity options
Understand payment structures
Make informed decisions
Common Use Cases for Annuity Calculator
Perfect for:
Frequently Asked Questions
Everything you need to know about our annuity calculator
How do I calculate annuity payments?
Enter lump sum, rate, and period - calculator shows periodic payment.
Enter your lump sum, interest rate, and payment period. The calculator uses the annuity formula to determine your periodic payment amount.
What is present value of an annuity?
The lump sum needed today to fund future payment series.
Present value is the lump sum needed today to fund a series of future payments at a given interest rate.
Fixed vs variable annuity?
Fixed = guaranteed rate; Variable = market-based returns with growth potential.
Fixed annuities guarantee a set interest rate and payments. Variable annuities fluctuate based on investment performance but offer growth potential.
Still have questions? Try the tool yourself!
Calculate AnnuityRelated Tools You Might Like
Explore more free tools to boost your productivity
Calculate Your Annuity Now
Free retirement income planning - no signup required.
Calculate AnnuityNo signup required. Start using immediately.