![]() Try the Savings Calculator if you are looking for a way to determine how much you will have saved by age 65 by making regular contributions.Īlso, to figure out whether the initial payout (the first annual payment after you retire) is sufficient, you may want to use the Inflation Calculator to compare what you think you could live on based on today's prices to what you may need the first year of your retirement. Or, you can just dive into the Annuity Calculator right now. How many years can I withdraw $A if I start with $P?Įach of these questions is very easy to solve for using built-in Excel formulas, which I will explain in detail below.What do I need to have saved for retirement in order to withdraw $A per year for n years?.What is the withdrawal or annuity payment per year over n years if I start with $P? Use our Annuity Income Calculator to discover how the guaranteed income of an annuity can help fill any gaps between your essential expenses and income in. ![]() I've already created a few savings calculators, so instead, I created the following Annuity Calculator to answer general questions related to taking a withdrawal or annuity payment from a fixed-rate savings account. Because of the general definition of annuity, an Annuity Calculator might calculate the future value of a savings investment plan (as many online annuity calculators do). ![]()
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