Contact Us | Text Size  A  A  A

Deferred Annuity Calculator

The annuity calculator below can help estimate balances and cumulative fees of deferred annuities if held to maturity and converted to income through annuitization. A fixed annuity, indexed annuity, and variable annuity can all be deferred but each will have different expected returns and expense rates over time.

How an investment might grow?
Starting Principal ($)How much do you plan to invest? Click here to learn more.
Annual Growth Rate (%)On average, what annual return do you expect? Click here to learn more.
Annual Fee and Expense rate (%)What is the expected annual rate of management fees and other expense? Click here to learn more.
Growth Period / Years until retirementHow long can you grow your principal before taking withdrawals? Click here to learn more.
Withdrawal Period / Years of retirement income neededHow many years of withdrawals do you expect to make? Click here to learn more.
Annual growth rate during withdrawal period (%)What interest rate do you expect to earn while taking withdrawals? Click here to learn more.

Based on the inputs above, the approximate returns and expenses accumulated during the deferred growth period would be:

Growth Period
Gross Total Gains ($)How much would the principal grow without fees?  
Total Expense Paid (During Accumulation)How much fee expense is paid during the growth period?  
Annual Net Return (%)What is the equivalent APY during growth?  
Total Net Gains ($)How much profit would accumulate after fees are paid?  
Ending ValueWhat is the ending value of your principal (plus growth, minus fees)?  

Starting with the estimated ending value from the growth period, the estimated income available over the stated retirement period and the approximate overall return from the initial investment until the end of the withdrawal period would be:

Withdrawal Period
Starting ValueWhat is the principal balance when starting withdrawals?  
Estimated Annual Income*If withdrawing to $0 balance, what is the annual withdrawal amount?  
Total WithdrawalsWhat is the sum of the total of those annual income payments?  
Final Ending Value     
Total Net Return


What did the initial principal earn from principal start to withdrawal end?
Annual Net Return


What is the average annual net return? This is the observed compound growth rate from principal start to withdrawal end.

*The Estimated Annual Income calculation is based on a standard annuity payment formula used to calculate the periodic payment on an annuity.   For further explanation of the formula please refer to


Click below to see a hypothetical example illustrating how you might use our annuity calculator to evaluate a deferred variable annuity.


Free Download

Annuity Fundamentals Annuity Fundamentals
This 8-page guide will help you better understand annuities so you can make well-informed decisions about whether they’re best suited to meet your retirement goals.
Submit the information below and we’ll deliver your free guide: