Total future value after 20 years.
$120,000.00
-$120,000.00
How much do I need to retire?
A common rule is to replace 70-80% of your pre-retirement income.
- •Save your calculations by bookmarking this page with your inputs in the URL.
- •Try different scenarios to understand how changes affect your results.
- •Share this calculator with friends or family who might find it useful.
- •Use the results as a starting point for conversations with financial advisors.
- •Bookmark this page and revisit quarterly to track your progress toward goals.
Plan for a secure retirement income.
Step-by-Step Instructions
Enter your current age and planned retirement age.
Input current savings and monthly contribution capability.
Determine if you are on track to meet your retirement income goals.
When you want to know how much your regular contributions will grow to in the future.
- •Retirement savers
- •Investors
- •Financial planners
Scenario
An investor contributes $500 monthly to an annuity for 20 years with an annual interest rate of 6%.
Outcome
The calculator shows the future value of the annuity is approximately $231,020.
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Real-world case studies showing how advisors use the Future Value of Annuity Calculator with clients.