Use this calculator to compute how much you would need to have invested in order to withdraw a specified amount each year over the course of a specified period of time. For example, if you want to be able to withdraw $500 during each month of your expected 20-year retirement, this calculator will tell you that if you expect to earn a 10% interest rate you will need to have $51,812.30 saved up by the time you retire. This is often referred to as "Present Value of an Annuity" analysis.
This is a hypothetical example used for illustrative purposes only and does not represent the return of any specific investment. Actual rates of return will vary over time; particularly for long-term investments.
To compute the Present Value of an Annuity, fill in the first three text boxes and then click the "compute" button.