What is a variable annuity calculator?

The calculator can also help you compare different variable annuity products. If you are looking at a few variable annuity options, you can plug in each product’s average rate of return and surrender charge schedule to see which annuity might be most beneficial for your financial plan. How soon are you retiring?

What are the limitations of a variable annuity calculator?

This variable annuity calculator has some limitations resulting from the assumptions it must make to estimate the value of a variable annuity. For example, the calculator assumes that the annuity’s returns are compounded annually and that any contributions are made at the beginning of each year.

Why do variable annuities change in value?

Variable annuities change in value based on how the money in the annuity is invested. Because of this, the returns of a variable annuity are different each year; some years, the value of the annuity may even go down if market performance is poor. This means that the future performance of a variable annuity can’t be predicted with certainty.