Calculators typically fall into two categories based on your stage of planning:
An annuity calculator is a digital tool designed to estimate either the future value of a savings pot or the guaranteed income a lump sum can generate in retirement. Because annuities are long-term insurance contracts, using a calculator is a critical first step in determining if the trade-off of liquidity for guaranteed income aligns with your goals. Core Functions of an Annuity Calculator buying an annuity calculator
: Payouts can begin Immediately (within 12 months) or be Deferred to a future date. Calculators typically fall into two categories based on