Annuity Payout Calculator – Calculate Annuity Payment & Monthly Income
Calculate annuity payment amounts with our comprehensive payout calculator. Determine monthly annuity payout, compare lump sum annuity calculator options, and plan annuity distribution with our free annuities payment calculator. Whether you need a 500,000 annuity calculator or want to know how much does a $400,000 annuity pay per month, this annuity calculator monthly income tool helps you calculate payout amounts, annuitization options, and create your annuity payout schedule. Use our withdrawal annuity calculator to compare monthly payment annuity vs lump sum, estimate annuity tax implications, and plan retirement income from payout annuity products including TSP annuity calculator scenarios.
Why Our Annuity Payout Calculator is the Best Calculator 2025
Our annuity calculator payment tool provides comprehensive payout analysis beyond basic payout calculator tools. This free monthly annuity calculator helps you calculate annuity payout amounts, compare lump sum vs annuity options, and model different annuity distribution scenarios. Use this annuity monthly payment calculator and annuitization calculator to determine monthly payment annuity income and plan your payout annuity strategy with confidence.
What Makes Our Annuity Calculator the Best Payout Calculator:
- Calculate Payout – Get exact monthly annuity payout amounts using our annuity calculator monthly income tool
- Lump Sum Annuity Calculator – Compare lump sum vs payout annuity options side-by-side
- Annuity Payout Schedule – Generate detailed payment schedules for 20 year or 30 year annuity calculator scenarios
- Annuity Tax Calculator – Estimate tax implications with our withdrawal annuity calculator features
- TSP Annuity Calculator – Calculate TSP annuity payouts for federal employees
- 500,000 Annuity Calculator – See real examples including how much does a $400,000 annuity pay per month
- Annuity Compound Interest Calculator – Model growth during accumulation phase
How to Calculate Annuity Payout: Understanding Annuity Payments
An annuity payout calculator helps you determine monthly payment annuity amounts from your investment. Whether you're evaluating a payout annuity for retirement income, comparing lump sum annuity calculator options, or planning annuitization, understanding how to calculate annuity payment amounts is essential. Our annuities payment calculator uses your principal, interest rate, and payout period to determine monthly annuity payout and create an annuity payout schedule.
Simple Examples: How Much Does an Annuity Pay Per Month?
$400,000 Annuity Calculator:
Principal: $400,000
Rate: 5% annually
30 Year Annuity Calculator: ~$2,150/month
20 Year Annuity Calculator: ~$2,640/month
500,000 Annuity Calculator:
Principal: $500,000
Rate: 5% annually
30 Year: ~$2,685/month
20 Year: ~$3,300/month
These monthly annuity calculator examples show how much does a $400,000 annuity pay per month varies by payout period. Use our annuity calculator payment tool to calculate payout amounts for your specific situation and see your complete annuity payout schedule.
How to Use This Annuity Payout Calculator – Complete Guide
Our annuity calculator monthly income tool is designed for comprehensive payout annuity analysis. Whether using this as a simple payout calculator, lump sum annuity calculator, or annuitization calculator, follow these steps to calculate annuity payout amounts and generate your annuity payout schedule:
Step 1: Enter Annuity Principal
- Current annuity value or purchase amount
- Use 500,000 annuity calculator or $400,000 examples
- Enter lump sum amount for annuitization calculator
- Include any existing annuity balance
Step 2: Set Interest Rate
- Expected annuity return rate (typically 3-6%)
- Fixed annuities have guaranteed rates
- Variable annuities depend on market performance
- Critical for accurate monthly annuity payout calculation
Step 3: Choose Payout Period
- 20 year annuity calculator for medium-term income
- 30 year annuity calculator for longer payouts
- Lifetime annuity (age-based calculations)
- Affects monthly payment annuity amounts
Step 4: Review Payout Results
- See monthly annuity payout amounts
- Compare lump sum vs annuity with our calculator
- View complete annuity payout schedule
- Check annuity tax calculator estimates
Pro Tip: Use our annuity distribution calculator to model different scenarios and find your optimal payout annuity strategy for retirement income.
Types of Annuities – Understanding Your Payout Annuity Options
Choosing the right payout annuity type affects your monthly payment annuity amounts and overall retirement income strategy. Our annuity calculator payment tool helps you compare different annuitization options and calculate payout amounts for various annuity types. Use this monthly annuity calculator to understand how different annuity structures impact your annuity payout schedule.
Key Annuity Types for Payout Calculator:
- Fixed Annuity: Guaranteed monthly annuity payout with predictable annuity payout schedule
- Variable Annuity: Payout annuity amounts vary with market performance
- Immediate Annuity: Start receiving monthly payment annuity right away after lump sum investment
- Deferred Annuity: Accumulate with annuity compound interest calculator before payouts begin
- Lifetime Annuity: Guaranteed income for life (reverse annuity calculator logic)
- Period Certain: 20 year annuity calculator or 30 year annuity calculator fixed terms
- Joint and Survivor: Continues payout annuity to spouse after death
- Indexed Annuity: Returns tied to market index with protection
- TSP Annuity: Calculate TSP annuity options with our tsp annuity calculator
- Lottery Annuity: Use 30 year lottery annuity payout calculator for winnings
Our annuitization calculator and annuity distribution calculator help you model each type. Use the lump sum annuity calculator to compare taking a lump sum vs monthly payment annuity for your retirement income strategy.
Annuity Payout Formula – How to Calculate Annuity Payment
Our annuity calculator payment and monthly annuity calculator use proven annuity formulas to calculate payout amounts accurately. Understanding how we determine your monthly payment annuity helps you optimize your payout annuity strategy and plan for reliable retirement income from annuitization.
Monthly Annuity Payout Calculation:
Monthly Payment = P × [r(1+r)ⁿ] / [(1+r)ⁿ - 1]
Where: P = Principal, r = Monthly interest rate, n = Number of payments
- Calculate Payout: Our annuity calculator monthly income determines exact payment amounts
- Principal Impact: 500,000 annuity calculator vs $400,000 shows how principal affects monthly payout
- Interest Rate: Higher rates increase monthly payment annuity amounts
- Payout Period: 20 year annuity calculator vs 30 year annuity calculator - shorter = higher payments
- Annuity Payout Schedule: Track all payments over the life of your payout annuity
- Real-Time Results: Instant calculation with our monthly annuity payout calculator
Example: How much does a $400,000 annuity pay per month? At 5% over 30 years: ~$2,150/month. Use our annuities payment calculator to see your specific monthly annuity payout.
Annuity Payout Examples – 500,000 and 400,000 Annuity Calculator
Real examples showing how much different payout annuity amounts provide in monthly payment annuity income. Use our annuity calculator payment tool to see how principal, interest rates, and payout periods affect your monthly annuity payout and annuity payout schedule.
How Much Does an Annuity Pay Per Month?
$400,000 Annuity Payout Examples:
- 30 year annuity calculator @ 4%: ~$1,910/month
- 30 year @ 5%: ~$2,150/month
- 20 year annuity calculator @ 5%: ~$2,640/month
- Lifetime (age 65): ~$2,000-2,400/month
500,000 Annuity Calculator Results:
- 30 year @ 4%: ~$2,385/month
- 30 year @ 5%: ~$2,685/month
- 20 year @ 5%: ~$3,300/month
- Lifetime (age 65): ~$2,500-3,000/month
These monthly annuity calculator examples answer "how much does a $400,000 annuity pay per month" and show how our payout calculator determines monthly payment annuity amounts for retirement income planning.
Lump Sum vs Annuity – Which Payout Option Is Best?
Use our lump sum annuity calculator to compare taking a one-time payment vs payout annuity for retirement income. The annuity distribution calculator helps you evaluate monthly payment annuity options against lump sum investments. Consider taxes, guaranteed income, and flexibility when using our annuitization calculator and payout calculator.
Annuity Payout Advantages
Monthly Payment Annuity Benefits
- • Guaranteed income for life or term
- • Protection from overspending
- • Tax-deferred growth on balance
- • Predictable annuity payout schedule
Best for: Those wanting guaranteed retirement income
Use monthly annuity calculator to determine lifetime payout annuity amounts.
Lump Sum Advantages
One-Time Payment Benefits
- • Full control over investments
- • Flexibility for emergencies
- • Estate planning opportunities
- • Potential for higher returns
Best for: Those comfortable managing investments
Consider withdrawal annuity calculator strategies for systematic income.
Hybrid Approach
Combining Both Options
- • Partial annuitization for base income
- • Lump sum for flexibility
- • Use annuity cash out calculator for needs
- • Balance security and control
Best for: Those wanting balanced approach
Our annuity calculator monthly income helps model this strategy.
Use our payout calculator and annuities payment calculator to model different scenarios. The annuity calculator payment tool shows how monthly annuity payout compares to managing a lump sum yourself.
Special Annuity Scenarios – TSP, Lottery, and Death Benefits
Different annuity situations require specific payout calculators. Whether you need a tsp annuity calculator, 30 year lottery annuity payout calculator, or annuity death benefit calculator, understanding special scenarios helps optimize your annuity distribution strategy.
Special Annuity Calculator Scenarios:
TSP Annuity Calculator:
Calculate TSP annuity payouts for federal employees. Use our monthly annuity calculator to determine how much retirement income your Thrift Savings Plan provides. Compare TSP annuity vs other withdrawal strategies with our annuitization calculator.
Lottery Annuity Payout:
The 30 year lottery annuity payout calculator shows annual payments that increase over time. Compare against annuity cash out calculator lump sum options. Our payout calculator determines the annuity payout schedule for lottery winnings.
Annuity Death Benefit:
Use annuity death benefit calculator to determine beneficiary payouts. Some payout annuity contracts guarantee minimum payment periods. The monthly payment annuity continues per the annuity payout schedule to heirs.
Reverse Annuity Calculator:
Calculate how much principal needed for desired monthly annuity payout. Work backwards from income goal using our annuity calculator monthly income tool. Perfect for retirement income planning with specific monthly payment annuity targets.
Our comprehensive annuity calculator payment tool handles all scenarios. Use the monthly annuity payout calculator to model your specific situation and calculate payout amounts accurately.
Annuity Tax Calculator – Understanding Tax Implications of Payout Annuity
Taxes significantly impact your net monthly payment annuity income. Our annuity tax calculator helps you understand how annuity distribution is taxed and plan tax-efficient withdrawal annuity calculator strategies. Use this payout calculator to estimate after-tax monthly annuity payout amounts for accurate retirement income planning.
Annuity Tax Treatment – How Payout Annuity is Taxed:
| Annuity Type | Tax Treatment | Taxable Portion | When Taxed |
|---|---|---|---|
| Qualified Annuity | Fully taxable | 100% of payout | Ordinary income |
| Non-Qualified Annuity | Partially taxable | Earnings only | Exclusion ratio |
| Roth Annuity | Tax-free | 0% if qualified | No tax |
| Inherited Annuity | Taxable to beneficiary | Earnings portion | Distribution rules apply |
*Use our annuity tax calculator to estimate taxes on your monthly annuity payout. Consult a tax professional for your specific situation.
The withdrawal annuity calculator and annuity cash out calculator include tax estimations. Understanding how much does a $400,000 annuity pay per month after taxes requires using our annuity calculator monthly income with tax features.
Withdrawal Strategies for Annuity Distribution
Optimizing your payout annuity withdrawal strategy maximizes retirement income while minimizing taxes. Our monthly payment annuity calculator and withdrawal annuity calculator help you plan tax-efficient annuity distribution to make your annuity payout schedule work best for your situation.
Annuity Withdrawal Considerations:
- Systematic Withdrawals: Regular monthly annuity payout provides stable income
- Required Minimum Distributions: Qualified annuities have RMD rules at age 73
- Early Withdrawal Penalties: 10% penalty before age 59½ plus surrender charges
- Example: 500,000 annuity calculator shows $2,685/month (30yr @ 5%) but consider 25% tax = ~$2,014 net
- Annuity Cash Out: Use annuity cash out calculator to estimate full withdrawal costs
- Flexibility: Some payout annuity allows 10% annual free withdrawals
Best Use Cases for Our Annuity Payout Calculator
Annuity Planning Scenarios:
- Calculate Payout – Determine exact monthly annuity payout amounts with our annuity calculator payment tool
- Lump Sum vs Annuity – Compare options using lump sum annuity calculator
- Annuitization Calculator – Plan when and how to convert assets to payout annuity
- Annuity Payout Schedule – Generate complete payment timelines for 20 or 30 year annuity calculator
- Monthly Payment Annuity – See how much monthly income different principals provide
Different Annuity Situations:
- Retirement Income – Use annuity calculator monthly income for retirement planning
- TSP Annuity Calculator – Calculate federal employee TSP annuity options
- Lottery Winners – Model 30 year lottery annuity payout calculator scenarios
- 500,000 Annuity Calculator – See exactly how much different principals pay monthly
- Withdrawal Planning – Use withdrawal annuity calculator and annuity cash out calculator
Pro Tips for Maximizing Your Annuity Payout
Optimize Your Payout Annuity Strategy:
- Compare Rates: Shop multiple insurers - payout annuity rates vary significantly between providers
- Timing Matters: Interest rate environment affects monthly annuity payout amounts dramatically
- Use Annuity Calculator: Model different scenarios with our monthly annuity calculator before committing
- Consider Payout Period: 20 year annuity calculator shows higher payments than 30 year but shorter guarantee
- Tax Planning: Use annuity tax calculator to understand after-tax monthly payment annuity income
- Diversify: Consider partial annuitization - use annuity distribution calculator to balance security and flexibility
- Understand Fees: Annuity cash out calculator reveals surrender charges and early withdrawal costs
Annuity Interest Rates Reference – 2025 Payout Calculator Projections
Understanding realistic annuity interest rate expectations helps you use our monthly annuity calculator accurately. These benchmarks guide your annuity calculator payment projections and help you calculate payout amounts for different payout annuity types:
| Annuity Type | Current Rates (2025) | Typical Range | Best For |
|---|---|---|---|
| Fixed Annuity | 4-6% | 3-7% | Guaranteed payout annuity |
| Variable Annuity | Varies | 0-12%+ | Growth potential |
| Indexed Annuity | 5-8% | 3-10% | Market participation with floor |
| Immediate Annuity | 5-6% | 4-7% | Instant monthly payment annuity |
| Deferred Annuity (Accumulation) | 4-7% | 3-8% | Annuity compound interest calculator |
Rates based on current market conditions. Use our annuities payment calculator with these rates to calculate payout amounts. Actual monthly annuity payout depends on age, gender, and payout period (20 year annuity calculator vs 30 year annuity calculator).
Annuity Compound Interest Calculator – Accumulation Phase Growth
Before annuitization, deferred annuities grow tax-deferred. Our annuity compound interest calculator shows how your principal grows before you convert to a payout annuity and start receiving monthly payment annuity income.
Accumulation Phase Example:
Scenario: $300,000 initial investment in deferred annuity @ 5% for 10 years before annuitization
Growth: $300,000 → $488,668 (compound interest calculator logic)
Then Annuitize: $488,668 → monthly annuity payout of ~$2,610/month (30 year @ 5%)
Compare: Immediate annuitization of $300,000 = only ~$1,605/month
Benefit: Annuity compound interest calculator shows deferring increases monthly payment annuity by 62%
Is an Annuity Right for You? – Payout Annuity Decision Guide
Wondering if a payout annuity makes sense for your retirement? Use our annuity calculator payment tool and monthly annuity calculator to evaluate if annuitization fits your situation. This annuity distribution calculator helps determine whether a monthly payment annuity or lump sum better serves your retirement income needs.
Signs a Payout Annuity May Be Right for You:
- You want guaranteed lifetime income security
- Concerned about outliving your retirement savings
- Prefer predictable monthly payment annuity income
- Limited pension or Social Security benefits
- Want tax-deferred growth (annuity compound interest calculator)
- Protection from market volatility desired
- Estate planning isn't primary concern
- Our monthly annuity payout calculator shows adequate income
Use our annuitization calculator and lump sum annuity calculator to compare options. The payout calculator shows whether annuity distribution provides enough monthly annuity payout for your retirement lifestyle.
Annuity Planning Decision Framework
Use these key questions when planning your payout annuity strategy. Our annuity calculator payment tool and monthly annuity calculator help answer these critical questions about annuitization and retirement income:
Essential Annuity Questions:
- How much monthly income do I need? – Use annuity calculator monthly income to determine required payout annuity
- What's the monthly annuity payout? – Our monthly annuity calculator shows exact amounts
- Lump sum vs annuity? – Lump sum annuity calculator compares both options
- How much does a $400,000 annuity pay? – See specific examples with payout calculator
Strategy Questions:
- Which payout period? – 20 year annuity calculator vs 30 year annuity calculator comparison
- When to annuitize? – Annuitization calculator determines optimal timing
- What about taxes? – Annuity tax calculator estimates tax burden
- TSP annuity options? – TSP annuity calculator for federal employees
Our comprehensive annuities payment calculator helps model all scenarios. Regular use of the monthly payment annuity calculator and annuity payout schedule tools keeps your retirement income planning on track.
Frequently Asked Questions – Annuity Payout Calculator 2025
What is an annuity payout calculator used for?
An annuity payout calculator helps you calculate annuity payment amounts for different payout annuity scenarios. Our monthly annuity calculator determines how much monthly payment annuity income you'll receive based on principal, interest rate, and payout period. Use this annuity calculator monthly income tool to compare lump sum vs annuity options, create annuity payout schedules, and plan annuity distribution for retirement. The payout calculator is essential for annuitization planning.
How accurate are annuity payout calculator projections?
Our annuity calculator payment tool provides accurate estimates based on standard annuity formulas and your inputs. However, actual monthly annuity payout amounts depend on current interest rates, annuity type, and specific insurer offerings. Use our annuities payment calculator results as planning guidelines. For exact payout annuity quotes, contact insurers directly. The monthly payment annuity calculator gives you a solid baseline for comparison shopping.
How much does a $400,000 annuity pay per month?
A $400,000 annuity typically pays $1,900-$2,650 per month depending on annuity type, payout period, age, and interest rates. Using our annuity calculator monthly income: at 5% over 30 years = ~$2,150/month; 20 year annuity calculator at 5% = ~$2,640/month; lifetime at age 65 = $2,000-2,400/month. Our payout calculator shows exact amounts. Use the monthly annuity payout calculator to calculate payout for your specific situation.
How much does a 500,000 annuity calculator show in monthly payments?
A 500,000 annuity calculator typically shows monthly payment annuity amounts of $2,400-$3,300. With our monthly annuity calculator at 5%: 30 year annuity calculator = ~$2,685/month; 20 year = ~$3,300/month; lifetime payout annuity at 65 = $2,500-3,000/month. The annuity payout schedule varies by age and payout type. Use our annuity calculator payment tool to calculate payout for your retirement income needs.
Should I take a lump sum or annuity payout?
Use our lump sum annuity calculator to compare options. Payout annuity provides guaranteed lifetime income, protection from overspending, and tax-deferred growth. Lump sums offer flexibility, investment control, and estate planning benefits. Our annuitization calculator shows monthly payment annuity income vs. lump sum self-management. Consider your risk tolerance, longevity expectations, and income needs. The annuity distribution calculator helps model both scenarios.
What's the difference between a 20 year and 30 year annuity calculator?
A 20 year annuity calculator shows higher monthly annuity payout amounts than 30 year because payments are spread over fewer years. For $500,000 at 5%: 20 year = $3,300/month vs 30 year annuity calculator = $2,685/month. Shorter payout periods give larger monthly payment annuity but end sooner. Our payout calculator lets you compare different annuity payout schedule options to optimize your retirement income.
How do I calculate TSP annuity payments?
Use our tsp annuity calculator to determine federal employee TSP annuity payouts. Enter your TSP balance, age, and desired annuity type (single life, joint survivor, etc.). The monthly annuity calculator determines monthly payment annuity amounts based on current TSP annuity rates. Our annuity distribution calculator helps you compare TSP annuity vs. other withdrawal options. Calculate payout amounts to see if TSP annuitization fits your retirement income plan.
How is annuity income taxed? What does an annuity tax calculator show?
Our annuity tax calculator helps estimate tax on your monthly annuity payout. Qualified annuities: fully taxable as ordinary income. Non-qualified annuities: only earnings portion taxed using exclusion ratio. Roth annuities: tax-free if qualified. The withdrawal annuity calculator includes tax features. For $2,500 monthly payment annuity, expect 15-25% tax (qualified) or ~$400-625 monthly, depending on bracket. Consult tax professionals for your specific annuity distribution situation.
How does a 30 year lottery annuity payout calculator work?
A 30 year lottery annuity payout calculator divides advertised jackpot into 30 annual payments that increase ~5% yearly. For $10M jackpot: Year 1 = ~$155,000, Year 30 = ~$654,000. Use our payout calculator to see the complete annuity payout schedule. Compare against annuity cash out calculator lump sum (typically 50-60% of jackpot). The annuity distribution calculator shows total payout annuity vs. lump sum after taxes.
What is a reverse annuity calculator and how do I use it?
A reverse annuity calculator works backwards from desired monthly payment annuity to determine required principal. Instead of calculating payout from a lump sum, it shows how much you need to generate target monthly annuity payout. Want $3,000/month? Our annuity calculator monthly income reverse calculator shows you need ~$560,000 (30 year @ 5%). This annuitization calculator helps retirement planning by showing required investment for desired payout annuity income.
Related Tools and Financial Resources
Maximize your retirement success with our comprehensive suite of calculators and planning tools. These resources complement your use of our retirement calculator:
Investment Planning:
- Compound Interest Calculator – See how money grows over time with compound returns
- Budget Calculator – Plan finances to maximize retirement savings contributions
Debt Management:
- Credit Card Payoff Calculator – Pay off debt before retirement to reduce expenses
- Debt-to-Income Calculator – Ensure retirement room in budget for optimal savings
Investment Education Guides
Learn more about smart investing and wealth building with our comprehensive guides that complement your retirement planning:
Compound Interest: $100 a Month to $100,000
Real examples of small contributions growing to large sums through compound interest
Smart Ways to Save Money and Pay Off Debt
Free up money for investing and compound growth toward retirement goals
Budget Calculator Explained
Build a budget that includes saving and investing for retirement success
Financial Goals to Pay Off Debt
Clear debt to maximize investment potential and retirement savings capacity
Plan Your Retirement Income Today – Calculate Your Annuity Payout
Smart retirement planning starts with understanding your options. Use our comprehensive annuity payout calculator to calculate annuity payment amounts, compare lump sum vs annuity options, and create your personalized annuity payout schedule. Whether you're evaluating a 500,000 annuity calculator scenario or need to know how much does a $400,000 annuity pay per month, our monthly annuity calculator provides the insights you need for confident retirement income planning.
Start Your Annuity Planning Right Now:
- Calculate Payout – Use our monthly annuity payout calculator to determine monthly payment annuity amounts
- Compare Options – Try our lump sum annuity calculator to evaluate payout annuity vs lump sum
- Review Taxes – Use the annuity tax calculator to estimate after-tax retirement income
- Check Payout Period – Compare 20 year annuity calculator vs 30 year annuity calculator options
- Plan Distribution – Use annuitization calculator to determine optimal annuity distribution strategy
Key Annuity Planning Principles:
- • Shop Rates – Compare multiple insurers for best monthly annuity payout rates
- • Understand Fees – Use annuity cash out calculator to know withdrawal costs
- • Plan Taxes – Annuity tax calculator helps optimize tax-efficient withdrawal annuity strategies
- • Consider Timing – Interest rates significantly impact payout annuity amounts
- • Diversify – Partial annuitization balances security and flexibility
Important Financial Disclaimer
CalcNavigator's annuity payout calculator provides estimates for educational purposes only and should not be considered professional financial advice. Monthly annuity payout calculations are based on your inputs and standard annuity formulas. Actual payout annuity amounts vary by insurer, current interest rates, age, gender, and specific annuity type. Results from our annuity calculator payment tool, monthly annuity calculator, and lump sum annuity calculator should be used as planning guides, not guarantees.
Always consult with qualified financial advisors, insurance professionals, and tax experts before purchasing a payout annuity or making annuitization decisions. Annuities involve complex considerations including surrender charges, death benefits, tax implications, and long-term financial commitments. Use our annuity calculator monthly income tool, annuitization calculator, and annuity distribution calculator to inform discussions with professionals. Consider how much does a $400,000 annuity pay per month in your specific situation, evaluate 20 year annuity calculator vs 30 year annuity calculator options, and understand withdrawal annuity calculator costs before committing.
Privacy Note: CalcNavigator does not store your personal financial information – all annuity payout calculator calculations are performed locally in your browser for maximum security and privacy when you calculate annuity payment amounts.
This annuity payout calculator was developed by CalcNavigator's team of financial experts, including Certified Financial Planners and annuity specialists, to help you make informed decisions about retirement income and annuitization. Our monthly annuity calculator uses proven annuity calculation formulas and industry-standard methodologies with 2025 market data. Whether you're using this as a simple payout calculator, annuities payment calculator, monthly payment annuity calculator, lump sum annuity calculator, tsp annuity calculator, 500,000 annuity calculator, or comprehensive annuity calculator monthly income tool, our goal is to help you accurately calculate payout amounts and plan your annuity distribution strategy. Last updated December 16, 2025, with current annuity rates and market conditions.