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PPF & NPS

Annuity Calculator

Estimate monthly annuity payments from a retirement corpus under different annuity options.

Annuity Calculator — Estimate monthly annuity payments from a retirement corpus under different annuity options. Use FinWiz24's free annuity calculator for accurate results.

Formula

PMT = PV × r / (1 - (1+r)^-n)

PV = Present Value, r = Annual rate, n = Years

Results

Enter values above to see results

Formula

PMT = PV × r / (1 - (1+r)^-n)

Annuity calculators determine how much you need to invest today to receive a fixed monthly income for life or a set period. The rate of return and your life expectancy determine the required corpus.

Example

An annuity of ₹50,00,000 invested at 8% p.a. for 20 years

Input Values

Present Value (₹)₹50,00,000.00
Annual Rate (%)8%
Years₹20.00

Calculation

Applying the formula with the input values above:

Results

Monthly Payout

₹41,822.00

Total Payout

₹1,00,37,280.00

How to Use This Calculator
  1. 1Enter the corpus amount you have available to purchase an annuity.
  2. 2Input the interest rate offered by the insurance company or pension fund.
  3. 3Select the annuity tenure (life-long or fixed period with return of corpus).
  4. 4Higher age at purchase means higher monthly payout but smaller corpus needed.
  5. 5Opt for annuity with return of corpus option if you want to leave something behind.