What's the difference between accumulation and payout mode?

Accumulation mode calculates how much a series of regular deposits grows to by a future date, like a retirement fund. Payout mode calculates the fixed periodic payment you could withdraw from an existing lump sum over a set number of periods without running out.

Does this calculator account for taxes or fees on the annuity?

No, it computes the pure time-value-of-money result based on your rate and period count. Actual annuity products often include fees, surrender charges, or tax treatment that would reduce the real return, so check your specific product's terms separately.

Annuity Calculator

Calculate the future value of regular deposits, or the payout from a lump sum.

How this is calculated

Accumulation: FV = deposit × [(1+r)ⁿ − 1] ÷ r. Payout: payment = lump sum × r ÷ [1 − (1+r)⁻ⁿ]

Assumptions used in this calculation

Ordinary annuity: Assumes payments/deposits occur at the end of each period.

About this calculator

Calculates either the future value of regular annuity deposits (accumulation) or the periodic payout from a lump sum (payout), consolidating the master prompt's separate Annuity and Annuity Payout calculators, since both use the same ordinary-annuity formula.

Worked example

₹10,000/year at 8% for 10 years

Result: Future value ≈ ₹1,44,866

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Frequently asked questions

What's the difference between accumulation and payout mode?

Does this calculator account for taxes or fees on the annuity?

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