Cómo usarla
- Enter Principal.
- Enter Your age.
- Enter Assumed rate %.
La fórmula
Payment amortizes principal over remaining life expectancy.
Ejemplo resuelto
About this calculator
A lifetime annuity converts a lump sum into income that continues for as long as you live. The insurer pools many customers: those who live longer are effectively paid by those who don't, which is why a life annuity usually pays more per month than drawing the same pot yourself over a cautious 30-year horizon.
The two levers that move the payment most are your age at purchase and interest rates at the time. Buying later means fewer expected payment years and a higher monthly amount; higher market rates raise payouts across the board. Use the calculator to see both effects, then compare against real quotes.
Preguntas frecuentes
How is life expectancy estimated?
From average remaining-years tables by age. Real insurers price with detailed mortality data, so quotes will differ.
Single or joint life?
This models a single life. Joint-life annuities pay less per month because they pay longer.
Is the income guaranteed?
Only an insurer can guarantee income. This tool shows the arithmetic, not an offer.
Consejos
- Start early; a decade of compounding is hard to replace.
- Always capture any employer match in full.
- Revisit your plan yearly as income changes.
Términos clave
- Nest egg
- Total retirement savings.
- Drawdown
- Withdrawing from a pot over time.
- Match
- Employer contributions to your plan.