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Annuity Calculator

http://www.vertex42.com/Calculators/annuity-calculator.html

© 2009 Vertex42 LLC

Withdrawal Plan
250,000.00
7.00%
30
Annually
End of Period

2.00%

$250,000

rate per period
payments per year
$150,000
type

7.000%
1
0

inflation
$100,000

2.000%

$200,000

rate per period

$50,000

Results
Initial Payout
Final Payout
Total Interest Earned

Payout Schedule

Balance

$300,000

Starting Principal (P)
Annual Interest Rate (i)
Years to Pay Out (n)
Payment Frequency
Payment Type
Annual Inflation Rate (g)

16,403.20
29,129.53
415,446.12

$1

5

7

9 11 13 15 17 19 21 23 25 27 29

Payment Number

#

Interest
Earned

Payout
(Withdrawal)

Balance

Cumulative
Interest

0

0.00

0.00

250,000.00

0.00

1

17,500.00

16,403.20

251,096.80

17,500.00

2

17,576.78

16,731.26

251,942.32

35,076.78

3

17,635.96

17,065.88

252,512.40

52,712.74

4

17,675.87

17,407.20

252,781.07

70,388.61

5

17,694.67

17,755.35

252,720.39

88,083.28

6

17,690.43

18,110.45

252,300.37

105,773.71

7

17,661.03

18,472.66

251,488.73

123,434.73

8

17,604.21

18,842.12

250,250.83

141,038.95

9

17,517.56

19,218.96

248,549.43

158,556.50

10

17,398.46

19,603.34

246,344.55

175,954.96

11

17,244.12

19,995.40

243,593.27

193,199.08

12

17,051.53

20,395.31

240,249.49

210,250.61

13

16,817.46

20,803.22

236,263.73

227,068.08

14

16,538.46

21,219.28

231,582.91

243,606.54

15

16,210.80

21,643.67

226,150.05

259,817.34

16

15,830.50

22,076.54

219,904.01

275,647.84

17

15,393.28

22,518.07

212,779.22

291,041.12

18

14,894.55

22,968.43

204,705.33

305,935.67

19

14,329.37

23,427.80

195,606.90

320,265.04

20

13,692.48

23,896.36

185,403.03

333,957.53

21

12,978.21

24,374.29

174,006.95

346,935.74

22

12,180.49

24,861.77

161,325.67

359,116.22

23

11,292.80

25,359.01

147,259.46

370,409.02

24

10,308.16

25,866.19

131,701.43

380,717.18

25

9,219.10

26,383.51

114,537.02

389,936.28

26

8,017.59

26,911.18

95,643.43

397,953.87

27

6,695.04

27,449.40

74,889.07

404,648.92

28

5,242.23

27,998.39

52,132.91

409,891.15

29

3,649.30

28,558.36

27,223.86

413,540.45

30

1,905.67

29,129.53

0.00

415,446.12

http://www.vertex42.com/Calculators/annuity-calculator.html

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This annuity calculator is based on general
finance theory. It is designed to simulate a
case where a person makes regular
withdrawals from an account that is earning
interest. It also allows you to enter an
annual inflation rate to simulate the case
where the person increases the amount
that they withdraw each period (to keep up
with rising expenses for example).
Taxes: This spreadsheet does not account for taxes.
Iinterest is assumed to be earned tax free. To get
around that, you could try entering a tax-adjusted
interest rate (e.g. if you're in a 25% tax bracket,
subtract 25% from the expected Annual Interest
Rate). Payouts represent pre-tax withdrawals. So, if
you are receiving payments from a Roth IRA, you
wouldn't pay tax, but if you are receiving payments
from a Traditional IRA, you would.

TIP: Try using Excel's built-in Goal Seek
utility to answer the following question:
What does the Starting Principal need
to be if I want a payout of 2000 per
Month?
Set cell: D15
To value: 2000
By changing: D6

© 2009 Vertex42.com

608.40 20.000% 20.000.00 15.40 25.40 17.00 Fixed 292.85 Inflation-Adjusted 250.232.499.000.Basic Annuity Calculator HELP © 2009 Vertex42 LLC Annuity Payment Type Beginning of Period Annual Inflation Rate (g) 2.562.17 2. http://www.562.96 Caution: Results are only estimates.000% type 1 Solve for Annual PAYMENT Starting Principal (P) Fixed 250.562.vertex42.00 Annual Interest Rate (i) Years to Pay Out (n) Inflation-Adjusted 6.000% 20 250.55 Last Annual Payment 20.00 6.40 Annual Interest Rate (i) Years to Pay Out (n) Starting PRINCIPAL Solve for YEARS to PAY OUT Starting Principal (P) Annual Interest Rate (i) First Annual Payment YEARS to PAY OUT Inflation-Adjusted 6.000.88 Solve for Starting PRINCIPAL First Annual Payment Fixed 20.578.782.435.782.html .63 First Monthly Payment 1.com/Calculators/annuity-calculator. Please consult a qualified professional regarding financial decisions.17 1.000% 20 First Annual Payment 20.74 Last Monthly Payment 1.562.