Annuity Payout Calculator
Understanding Annuity Payouts
Annuity payouts convert a lump sum into regular income payments. The payout amount depends on principal, interest rate, and payout period. Life annuities guarantee payments for life.
Key Options
- Life Only: Highest payout, no beneficiary
- Period Certain: Guaranteed years
- Life + Period: Lifetime with minimum guarantee
💡 Tips
- Life annuities provide highest payout
- Period certain protects beneficiaries
- Consider inflation impact
- Compare multiple providers