Annuity Payout Calculator

An annuity payout calculator estimates the regular income a lump sum could generate if converted into an annuity, using an annuity rate you specify — annual payout equals corpus multiplied by that rate.

This is a simplified estimate; actual annuity products from insurers price payouts based on your age, gender, chosen payout structure, and prevailing rates, so treat this as a planning approximation rather than a quote.

Annuities are one of several ways to draw income from a retirement corpus — the alternative is a self-managed systematic withdrawal plan, which usually offers higher long-term returns and full liquidity but shifts investment and longevity risk back onto you. Comparing both against your own risk tolerance is worth the extra step before committing, since annuity purchases are typically irreversible.