Immediate Annuity Calculator

Estimate your monthly lifetime income from an immediate annuity.

What This Number Means

This estimated income is only one part of the decision. Before you buy, consider:

  • The monthly lifetime income your premium could generate

  • How your age and payout option affect the monthly amount

  • Whether this income covers a meaningful share of expenses

  • How this compares to other guaranteed income sources

  • Whether locking in this income now fits your broader plan

How to Use This Calculator

1

Enter your premium amount: Input the amount you'd use to purchase the annuity.

2

Add your age and payout option: Enter your age and select single or joint life payout.

3

Confirm the annuity's payout rate: Enter the rate quoted for your immediate annuity.

4

Review your estimated income: See your estimated monthly lifetime income from the annuity.

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