Annuity Duration Calculator
Use this annuity duration calculator to calculate how long your money will last with different withdrawal schedules and rates of return. Quickly see how long you will be able to sustain your financial plans so you can avoid running out of money during retirement.
RESULTSQ&A
CALCULATORRESULTSQ&A
Stating Principal
Withdrawal Frequency
Monthly
- Monthly
- Quarterly
- Semi-annually
- Annually
Monthly Withdrawal Amount
Annual Rate of Return
Results
You can withdraw
$18,000 semi-annually for 1.42 Years
Starting Principal
$50,000
Total Interest
$1,459
Total Withdrawal
$18,000
Month
Balance
Cumulative Interest
| Half Year | Beginning Balance | Interest | Withdrawal | Ending Balance |
|---|---|---|---|---|
| 1 | $50,000 | $744 | $18,000 | $32,744 |
| 2 | $32,744 | $488 | $18,000 | $15,232 |
| 3 | $15,232 | $227 | $15,459 | $0 |
Check out how your balance and interest change over time.
Tips
Extend your withdrawal period by 1.75 Months
by increasing your starting principal by 10%The increased principal amount alone will add time to your withdrawal schedule, and the extra interest it helps create will extend the withdrawal period even more.
| Original Principal | Increased Principal | |
|---|---|---|
| Starting principal | $50,000 | $55,000 |
| Payoff Duration | 1.42 Years | 1.57 Years |
| Total Payment | $51,459 | $56,725 |
| Duration Increased By | - | 1.75 Months |
| Total Payment Increased By | - | $5,267 |
Tips
Extend your withdrawal period by 0.92 Months
by decreasing your semi-annual withdrawal by 5%Decreasing your semi-annual withdrawal amount will prevent your annuity from being exhausted as soon, particularly since it gives interest more time to accrue.
| Original Withdrawal | Decreased Withdrawal | |
|---|---|---|
| Starting principal | $50,000 | $50,000 |
| Payoff Duration | 1.42 Years | 1.5 Years |
| Total Payment | $51,459 | $51,502 |
| Duration Increased By | - | 0.92 Months |
| Total Payment Increased By | - | $43 |
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