Multi-Year Guarantee Annuities Calculator
When planning for retirement, it helps to have tools that simplify the many complex decisions you face along the way. Our Multi-Year Guarantee Annuities (MYGA) Calculator gives you a straightforward way to estimate how much your money can grow over a fixed period with zero market exposure.
Matador Insurance provides access to this calculator to support individuals who want to lock in a guaranteed rate and feel more confident about a portion of their financial future.
What Is a Multi-Year Guarantee Annuity?
A multi-year guarantee annuity is a fixed annuity product that offers a guaranteed interest rate for a set number of years, often ranging from three to ten.
Once your money is placed into the contract, the rate stays the same for the selected term, regardless of what the markets do. With this approach, you can achieve stable growth while sidestepping the risk of unexpected financial setbacks.
Because of the guaranteed nature of MYGAs, they are commonly used by individuals who want to preserve capital while still earning more than traditional savings accounts or short-term CDs. The appeal lies in the combination of fixed returns, a known maturity value, and flexibility when the term ends.
MYGA Calculator
How to Use This Calculator
To get started, provide the initial amount of the MYGA and select the term length you’re considering. The MYGA Calculator will provide an estimate of how much your annuity could be worth at the end of that term.
The results that you receive reflect current interest rates and show how different options compare side-by-side, making it easier to visualize potential growth. Our users find the calculator helpful for making quick comparisons, and it works well as a first step in deciding whether a MYGA might fit their broader retirement strategy.
Benefits of Using a Multi-Year Guarantee Annuities Calculator
Investing a few minutes in the MYGA Calculator can lead to greater clarity around possible interest earnings and timelines, with insights including:
- Reviewing how your investment earns consistent returns while remaining shielded from market ups and downs.
- Evaluating different combinations of term lengths and interest rates to identify the option that best matches your goals.
- Helping you visualize how your money grows and what amount is possible at the end of the contract period.
- Enabling thoughtful planning that balances reliability and flexibility to support your long-term retirement income needs.
Best Practices for Accurate Estimates
Using up-to-date information when entering initial funding amounts and selecting term lengths will lead to more accurate projections. Think about your overall retirement income timeline, and be realistic about when you’ll need access to the funds.
If you’re considering rolling or laddering strategies, share those plans with a Matador advisor, who can help align your MYGA choices with other pieces of your financial picture. A review of your results with a financial expert helps turn projections into a clear, personalized plan of action.
Secure Your Returns with Confidence
Beyond the figures, reliable returns bring the comfort of knowing your plan is on track. A MYGA Calculator gives you a simple way to estimate how your money could grow over a fixed period, helping you make informed decisions with less uncertainty.
Try the calculator now to view your potential earnings, then meet with the Matador team to discuss how a MYGA can support your retirement goals with clarity and confidence.