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
9 11 13 15 17 19 21 23 25 27 29
Payment Number
Interest
Earned
Payout
(Withdrawal)
Balance
Cumulative
Interest
0.00
0.00
250,000.00
0.00
17,500.00
16,403.20
251,096.80
17,500.00
17,576.78
16,731.26
251,942.32
35,076.78
17,635.96
17,065.88
252,512.40
52,712.74
17,675.87
17,407.20
252,781.07
70,388.61
17,694.67
17,755.35
252,720.39
88,083.28
17,690.43
18,110.45
252,300.37
105,773.71
17,661.03
18,472.66
251,488.73
123,434.73
17,604.21
18,842.12
250,250.83
141,038.95
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
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
Basic Annuity Calculator
HELP
2009 Vertex42 LLC
Annuity Payment Type
Beginning of Period
Annual Inflation Rate (g)
2.000%
type
Solve for Annual PAYMENT
Starting Principal (P)
Fixed
250,000.00
Annual Interest Rate (i)
Years to Pay Out (n)
Inflation-Adjusted
6.000%
20
First Annual Payment
20,562.40
17,578.55
Last Annual Payment
20,562.40
25,608.63
First Monthly Payment
1,782.17
1,499.74
Last Monthly Payment
1,782.17
2,232.88
Solve for Starting PRINCIPAL
First Annual Payment
Fixed
20,562.40
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%
20
250,000.00
Fixed
292,435.85
Inflation-Adjusted
250,000.00
6.000%
20,562.40
20.00
15.96
Caution: Results are only estimates. Please consult a qualified professional regarding financial decisions.
http://www.vertex42.com/Calculators/annuity-calculator.html
