An annuity is an investment that provides a series of payments in exchange for an initial lump sum. With this calculator, you can find several things: |  | The payment that would deplete the fund in a given number of years. | | The amount needed to generate a specific payment. | | The rate of return needed to generate a specific payment. | | The number of years your investment will generate payments at your specified return. |
To calculate, just select the initial payment interval you desire and fill in any 3 other boxes.
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