Annuity income estimator

See roughly how much guaranteed lifetime income a lump sum could buy through an immediate annuity, based on your age.

A rough estimate using typical immediate-annuity (SPIA) payout rates, which rise with age and are lower for joint payouts. The payout rate is not an investment return — it's how much lifetime income the lump sum buys each year, and much of each payment is simply your own principal coming back. Real quotes vary by insurer and interest rates — get quotes before buying. Payments are for life; part of each payment is taxable unless the annuity is a Roth. Not financial advice.