Annuity Calculator

What is an Annuity?

An annuity is a contract with a life insurance company to provide periodic income for life. The purchase price of the annuity contract depends on the age, amount, death benefit and rates of interest.

How Does it Work?

This Annuity Premium Calculator will give you a good estimate of the premium required to provide a specified level of income. It will also estimate the monthly income that a specified lump sum will provide.

Calculation Inputs

Complete the information below and press the Submit button. If you're not sure how to fill in the information, try a calculation with the sample values provided below.

Annuity Premium Calculator

Annuitant
Current Age	years months
Gender	Male Female
Age at which Annuity Payments Commence	years months
Joint Annuitant
Current Age	years months
Gender	Male Female
Type of Lifetime Annuity

Period annuity guaranteed to be paid	years
Percentage of income paid to spouse upon death	%
Annuity has annual cost-of-living increases