Annuity Calculator - Get Income For Life
How much do you need to invest each week, month or year to accumulate
enough money so you could withdrawal a fixed annual dollar amount forever
and never decrease the value of your nest egg. The annuity calculator
will help you find the answer and it's very easy to use.
Just enter the annual dollar amount that you want to receive for ever,
the number of years you have to accumulate money and the rate of return
that you expect to receive while you accumulate the money and enjoy the
annuity - the rate of return during the annuity phase is assumed to be
the same as the rate or return during the accumulation phase.
The calculator shows you how much you would need to invest once a year,
monthly or weekly to achieve your goal.
Here is a simple example. Suppose that you want to receive $22,000 each
year forever. Assume that you have 15 years to invest money. And your
rate of return is six percent during the accumulation and annuity phases.
The output (in green areas) shows that you need to accumulate $366,666.67.
You could reach this goal by investing once each year ($15,753.01), each
month ($1,260.81) or each week ($290.11).
Form Input
On the calculator form, enter only numbers (with or without decimal points).
Do not enter:
- Currency symbols like dollar signs
- Commas
- Percent signs
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