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Annuity Calculator

An annuity is a type of investment plan that gives back a series of payouts in return for an initial lump sum or smaller contributions for a specific duration.

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Annuity Calculator

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  1. Annuity Calculator

  2. What Is Annuity Calculator? The annuity calculator is an online financial tool that allows you to calculate the payouts you will receive from a given annuity plan. With it, you can find out the principal required to generate your desired pension and the required investment horizon. It’s an invaluable tool you can use for retirement planning.  The calculator requires you to enter your contribution amount (lump sum or systematic), investment period, rate of returns and percentage of corpus allocated for pension. After you enter these details, it will show you the maturity amount, returns earned and your monthly pension from the annuity plan. You will also know how long it will take to accumulate your desired corpus.   Using this simple online tool, you can find out your required investment amount and compare different annuity plans to make an informed financial decision.

  3. Steps to Use an Annuity Calculator The annuity calculator is a simple and straightforward tool that assists you with retirement planning. Follow the given step-by-step guide to use our annuity calculator: Step 1: Enter your full name as given in your government ID proof, such as an Aadhaar card or PAN card. Step 2: Enter your date of birth and contact details. Step 3: Enter the following details in the annuity calculator, including the rate of returns (expected or fixed), monthly contributions you want to make and expected returns from the pension. Step 4: Finally, click on the checkbox allowing HDFC Life representatives to send you the required details and then click on ‘Calculate Now’. You can use our flexible online tool as many times as you want to compare annuity plans.

  4. Annuity Calculator Results As mentioned before, the annuity calculator displays the future value of your investments and the pension amount you can receive. You can use the calculator multiple times to know the required contributions to get your desired retirement income. By comparing the pension receivable against other retirement plans, you can make a more informed choice. Our pension annuity calculator shows the following results: Total retirement savings upon maturity Total contributions and interest earned Lump sum and pension corpus (at retirement age) The monthly and yearly pension amount You will also be able to check a list of annuity plans offered by HDFC Life, which can help you achieve your retirement goals. 

  5. Thank You

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