See what regular contributions to a deferred annuity could grow to.
A deferred annuity calculator projects what regular contributions to a tax-deferred annuity could grow to over time before you begin taking income.
A deferred annuity grows in two stages: an accumulation phase where contributions compound tax-deferred, and later a payout phase. This calculator covers accumulation, projecting the balance at a constant growth rate, so you can see what steady contributions might become before income begins.
Annuities are insurance products, and their real returns depend heavily on fees, which can be higher than low-cost index funds, and on surrender charges for early withdrawals. Growth is tax-deferred, but withdrawals are taxed as ordinary income, and early ones may face penalties. Compare the all-in costs against simpler tax-advantaged accounts like a 401(k) or IRA before choosing one.
Contributions compound tax-deferred during the accumulation phase, then convert to income later. This tool projects the accumulation balance.
Growth is tax-deferred, but withdrawals are taxed as ordinary income, and early withdrawals may face penalties.
Compare fees and features. Annuities can carry higher costs, so many people max out low-cost retirement accounts first.
See the exact formula and a worked example on our methodology page.