Suburban Insurance
Insurance Agency and Brokerage
Serving Pennsylvania & New Jersey

Present Value of an Annuity

Use this calculator to compute how much you would need to have invested in order to withdraw a specified amount each month over the course of a specified period of time.

For example, if you want to withdraw $500 per month for 20 years, and expect to earn a 10% interest rate you will need $51,812.30 saved up by the time you retire.

Enter the amount you would like to withdraw each month:
Enter the Annual Interest Rate you expect to earn:
Enter the number of years you would like to make the monthly withdrawals:
This is how much you need to have saved: