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Variable Annuity Calculator

Contributing to a variable annuity creates long-term tax deferred growth. Use this calculator to see how a variable annuity might fit into your retirement plan.

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Definitions

Variable annuity	A variable annuity is an investment product designed to provide long-term, tax-deferred savings. You do not receive a tax deduction on the money you deposit, however you pay no taxes on any interest earned until you begin making withdrawals. Unlike IRAs (both Roth and Traditional IRAs) there are no annual contribution limits or income limits. A variable annuity is also a good option if you have already contributed the maximum amount of $2,000 to your IRA and wish to increase your tax-deferred savings.
Current age	Your current age.
Age of retirement	Age you want to retire.
Annual contribution	The amount you will contribute to your regular annuity each year.
Expected rate of return	The annual percent you expect to earn on your investment.
Current tax rate	Your current marginal tax rate you expect to pay on your taxable investments.
Retirement tax rate	The marginal tax rate you expect to pay on your investments at retirement.
Years until retirement	Number of years before retirement.
Annuity total before taxes	Total value of your variable annuity at retirement before taxes.
Annuity total after taxes	Total value of your variable annuity at retirement after taxes are paid.
Total taxable account	Total value of your savings, at retirement, if your annual contribution is deposited into a taxable account.

Information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek advice from qualified professionals regarding all personal finance issues.

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