Deferred Annuity Payment Calculator
This calculator helps determine the fixed payment amount for a deferred annuity—where payments start after a set delay. It’s useful for retirement planning, investment evaluation, and understanding how time affects annuity values.
Calculate Deferred Annuity Payments with Interest
Deferred Annuity Payment Formula
Where:
- PMT – periodic payment
- P – present value of the annuity
- r – interest rate per period (decimal)
- n – number of payment periods
- d – number of deferred periods before payments begin
This formula adjusts the annuity payment by discounting it over the deferral period.
A deferred annuity delays income payouts, allowing interest to accrue before distributions begin. This calculator is ideal for estimating retirement income or investment returns when payouts start after several years. The formula accounts for both the length of the annuity and the time value lost during the deferral phase.