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Fixed-Term Payout

Saving for retirement and spending it

Annuity Calculator: Monthly Payout From a Lump Sum

See how much monthly income a lump sum can pay over a set number of years at the interest rate you choose, plus the total paid out and interest earned.

Annuity Income Summary

Monthly & Total
Monthly Payout $2,752 $33,019 a year
Total Paid Out $660,372 Over 20 years
Total Interest Earned $260,372 Payments minus your lump sum

How This Calculator Works

This calculator shows how much monthly income a lump sum can pay over a fixed number of years. You enter the amount, the interest rate and the number of years, and it spreads the money into equal monthly payments that use it up by the end. A real annuity quote will differ, because insurers set their own rates and fees, and lifetime annuities pay out in a different way. Use this to compare options, then ask for actual quotes.

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