Free calculators to help you plan your retirement income, compare rates, and estimate growth.
An annuity calculator estimates how much income or growth an annuity can produce. You enter a few details, such as your deposit amount, age, interest rate, or payout option, and the tool projects your future value, guaranteed monthly income, or after-tax result. Pick the calculator below that matches your question, from estimating fixed annuity growth to sizing a guaranteed retirement paycheck. Every calculator here is free, and using one never submits an application or triggers a sales call.
Each calculator answers a different retirement question. Find your goal below and jump straight to the right tool.
| Your goal | Use this calculator |
|---|---|
| Grow a lump sum at a guaranteed fixed rate | Fixed Annuity Calculator |
| Estimate guaranteed lifetime monthly income | Income Rider Calculator |
| Turn a lump sum into an immediate paycheck | Immediate Annuity Calculator |
| Find the monthly income gap to fill in retirement | Retirement Income Gap Calculator |
| Compare a fixed annuity against a CD | Fixed Annuity vs CD Calculator |
| Calculate your required minimum distribution | RMD Calculator |
| Spread money across staggered terms | Annuity Ladder Calculator |
Project how a lump sum grows over your chosen term at a guaranteed fixed rate.
Estimate guaranteed lifetime income from a fixed index annuity income rider.
Build a MYGA ladder across staggered terms to balance yield and annual liquidity. Print or email a custom illustration.
Find out how much of your Social Security benefits may be subject to federal income tax.
Build a personalized retirement income plan with our step-by-step planning guide.
A fixed annuity pays a guaranteed interest rate for the length of its term. At a 6% rate, a $100,000 fixed annuity earns about $6,000 per year, or roughly $500 per month, and that growth is tax-deferred until you withdraw it. Your actual payout depends on the rate, your deposit amount, and the term you choose.
| Deposit | Annual interest (6%) | Monthly interest |
|---|---|---|
| $100,000 | $6,000 | $500 |
| $250,000 | $15,000 | $1,250 |
| $500,000 | $30,000 | $2,500 |
To actually take that interest as monthly income, make sure the annuity offers free withdrawals of interest. Many fixed annuities let you withdraw your earned interest penalty-free each year, but some restrict withdrawals during the surrender period, so confirm the contract allows it if drawing income is your goal. Want a precise projection for your age, deposit, and a current rate? Run the Fixed Annuity Calculator or compare today’s best rates below.
Illustrative only. Figures show simple annual interest at a sample 6% rate and do not reflect compounding, fees, taxes, or any specific product. Actual rates and withdrawal terms vary by carrier, term, and state.
Get a free, no-obligation quote tailored to your age and deposit, or compare today’s top rates from 90+ annuity companies side by side.
Every calculator on this page follows the same three steps. You control the assumptions, and nothing you enter is shared or triggers a sales call.
Add the basics the tool needs, such as your deposit amount, age, time horizon, and payout option. Most calculators work with just two or three inputs.
Choose an interest or growth rate and a term. Use today’s sample rates or plug in a specific quote to model your own scenario.
The calculator estimates your future value, guaranteed monthly income, or after-tax result, so you can compare options before you ever talk to anyone.
Common questions about using the annuity and retirement calculators on this page.
An annuity calculator estimates the income or growth an annuity can produce based on inputs like your deposit amount, age, interest rate, and payout option. Different calculators answer different questions, from projecting lump-sum growth to estimating guaranteed monthly income.
Enter your deposit amount, your age, and the payout option into the relevant calculator. For a guaranteed monthly paycheck from a lump sum, use the Immediate Annuity Calculator. To project lifetime income from a fixed index annuity income rider, use the Income Rider Calculator. Actual income depends on current rates, your age, and the carrier you choose.
Yes. All calculators in this hub are free to use. They are designed to help you explore scenarios before you request a quote or speak with a licensed agent.
Some tools include tax-related estimates (for example, Social Security taxable benefits). In general, results are estimates and may not reflect product fees, rider charges, surrender schedules, inflation, or your full tax situation unless the calculator explicitly asks for those inputs.
They are meant for planning and comparison, not as a guarantee of future performance or a commitment from any insurer. Actual annuity rates, payout factors, crediting methods, and taxes vary by carrier, product, state, age, and timing.
No. Using the calculators by itself does not submit an application. If you choose to request a quote or talk with an agent, you will take an explicit action to do that.
Most calculators only need basics like age, deposit amount, time horizon, and a rate or growth assumption. For tax-related tools, you may need estimated income figures. If you are not sure, start with defaults and refine later.
Yes. If you would like help interpreting results or comparing annuity options, you can contact My Annuity Store for a no-pressure conversation and next steps.
Annuities come in a handful of distinct flavors, and the right calculator depends on which one you're shopping. Here's a quick map so you can pick the tool that actually answers your question.
A Multi-Year Guaranteed Annuity locks in a single fixed rate for a set term, typically 3 to 10 years. Think of it as a tax-deferred CD issued by an insurance company. Best for savers who want a predictable, contractually guaranteed return.
Run the Fixed Annuity Calculator →FIAs credit interest based on the performance of a market index (like the S&P 500) up to a cap or participation rate, with a 0% floor in down years. Most are bought for the optional lifetime income rider, not the index growth.
Run the Income Rider Calculator →A Single Premium Immediate Annuity converts a lump sum into a guaranteed monthly paycheck that starts within 12 months. Used to cover essential expenses in retirement, fill a Social Security gap, or replace a pension.
Run the SPIA Calculator →Same idea as a SPIA, but income payments start years later (often at 75 or 80) for a much larger paycheck. A QLAC is the IRS-approved version inside a traditional IRA that also reduces your RMDs.
Run the RMD Calculator →Variable annuities invest in mutual-fund-like subaccounts, so your account value rises and falls with the market. They are sold by registered reps under a prospectus and are generally not the right fit for safety-first retirees.
Compare annuity types →A hybrid of FIA and variable. RILAs offer higher upside caps in exchange for a defined buffer or floor of downside risk (you can lose money). Best for buyers who want more growth potential and can stomach some loss.
View FIA & RILA cap rates →
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