Annuity Income Calculator
See exactly how much guaranteed monthly income you could receive for life. Real rates from top-rated carriers, updated monthly.
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Your Estimated Monthly Income
Based on a $100,000 investment for a 65-year-old male
Best Available Rate
$632/mo
$7,584 per year
All Carrier Rates
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Get Your Free QuoteRates shown are estimates based on current carrier data for a single-premium immediate annuity (SPIA) with life-only payout. Actual rates may vary based on exact age, state of residence, and carrier underwriting. Updated monthly.
How the Annuity Calculator Works
Our annuity income calculator uses actual rates from 8 top-rated insurance carriers to estimate your guaranteed monthly income. Simply enter your age, gender, and the amount you'd like to invest, and we'll show you the range of monthly payments you could receive for the rest of your life.
What Affects Your Annuity Rate?
- Age: The older you are when you purchase, the higher your monthly payment. A 70-year-old will receive more per month than a 60-year-old for the same investment.
- Gender: Because women have longer life expectancies, female rates are slightly lower than male rates for the same age. Joint rates (covering two lives) are lower still.
- Investment amount: Your monthly income scales proportionally with your investment. Doubling your investment doubles your monthly income.
- Insurance carrier: Different carriers offer different rates. That's why we compare 8+ carriers to find you the best deal.
- Current interest rates: Annuity rates are influenced by prevailing interest rates. When rates are higher, annuity payouts tend to be more generous.
Frequently Asked Questions
How accurate is this annuity calculator?
Our calculator uses actual rates from top-rated insurance carriers, updated monthly. Your actual quote may vary slightly based on exact age, health, and carrier underwriting, but the estimates are very close to real quotes.
What investment amounts work best for an annuity?
Most carriers accept investments from $25,000 to over $1 million. The sweet spot for most retirees is between $100,000 and $500,000 — enough to generate meaningful income while maintaining other liquid savings.
Can I invest more than $1,000,000 in an annuity?
Yes. Most carriers accept investments well above $1 million. For larger amounts, we can also help you split across multiple carriers for additional state guaranty association coverage.
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