Annuity Calculator: Estimate Your Annuity Income

Understanding Annuities and Income Potential

Annuities are a popular financial product for individuals seeking a steady income stream during retirement. By investing a lump sum, you can receive periodic payments over a specified period or even for life. This Annuity Calculator helps estimate the potential income based on your initial investment, interest rate, and the payout period.

How to Use the Calculator

To estimate your annuity income, fill in the following details:

• Initial Investment Amount: The lump sum you plan to invest in the annuity.
• Annual Interest Rate (%): The expected annual interest rate on the annuity.
• Payout Period (years): The number of years over which you want to receive annuity payments.