Annuity Calculator
Originally published: 23/10/2019 11:03
Publication number: ELQ-71717-1
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Annuity Calculator

See your payment schedule on visual charts with this Annuity Calculator.

After retirement, an annuity calculator enables you to maintain an income stream whether it be for a limited time period or for a lifetime as it creates an investment plan. The calculator allows you to calculate Periodic Payment, Initial Principal or Periods to Buy Out too.

With the help of visual charts, it will provide an overview for you to see the payment schedule for this income.

There are 4 different sections:
- Dashboard
- Payment Schedule
- Grafts
- Annuity Estimation

In the Dashboard, it will be calculated surrounding the following variables chosen by you below:
-Initial Age
-Years To Pay Out
-Initial Capital (Principal)
-Annual Interest Rate, Type of Interest Rate (variable or fixed)
-Inflation Rate
-Earned Interest TAX

At the same time your are able to choose your payment frequency, whether it be monthly, quarterly, semi-annually or annually options available are for Payment Frequency or the annuity payment Term (end of the year or beginning of year).

Payment Schedule-
Depending on your inputs in 'Dashboard', this section calculates a detailed cash flow of future payments. All you have to do is change the inputs in the dashboard and the payment schedule will renew itself as the payment schedule is automatic.

Your investments interest rate and net payment depending on the payment frequency you select will be shown clearly through graphs. Furthermore, to show the breakdown of principal and interest of your cash flow a pie chart is readily available

Annuity Estimation-
Depending on what you want to calculate, it is necessary to input your desired: Periodic Payment, Initial Principal or Periods to Pay Out.

Once completed, the template will automatically calculate values for each case.

Annuity Calculator Excel Template Features Summary:

-Excel Template to calculate retirement annuity payment
-Dashboard for an overview including graphs
-Flexible payment frequency
-Full Print Ready
-No installation needed.
-Ready to use.
-Works both on Mac and Windows
-Compatible with Excel 2007 and later versions

This Best Practice includes
1 Excel Template

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