Annuity Income Calculator

Annuity Income Calculator

Use this annuity income calculator to compare estimated monthly income from fixed indexed annuities with lifetime income riders. Start with your savings or a monthly income goal.

Start with the income you need each month or year, or the one-time premium you plan to invest.
The amount of income you want each month.
Enter your current age in whole years.
Choose when you want your lifetime income payments to begin.
Select the state where you live. Available annuity products vary by state.
Choose income for one person or lifetime income covering two people.
Enter the other person’s current age. Both ages are used for joint-income estimates.

How the annuity income calculator works

  1. Choose your starting point.

    Enter the monthly or annual income you need, or the premium you plan to invest.

  2. Add your details.

    Enter your age, state, and income start date. For two-person income, enter both ages.

  3. Compare your estimates.

    Compare available income options side by side and download a PDF report.

A few useful details.

Learn about annuity income

What does this annuity income calculator show?

It compares estimated lifetime income from available fixed indexed annuities with income riders. Enter your age, state, and when you want income to begin. Start with a premium, a monthly income goal, or an annual income goal.

What is a guaranteed lifetime withdrawal benefit?

A guaranteed lifetime withdrawal benefit (GLWB) is an optional annuity rider that can provide withdrawals for life when its contract conditions are met. Rider fees and withdrawal rules vary. The income benefit base used to calculate payments is different from the cash value you can withdraw.

Is this the same as an immediate annuity?

This calculator focuses on fixed indexed annuities with lifetime income riders. A single-premium immediate annuity is a different product. Ask an advisor to compare the two if you are considering immediate annuity income.

What details do I need to see my results?

Enter your name and email on the next step. Your phone number is optional. For income covering two people, enter both ages. The available joint-income schedules use the younger person’s age.

Are these final quotes or guaranteed offers?

Results are estimates from the available product schedules, not an application or binding offer. Availability and final terms depend on the insurer, your state, and the contract. Guarantees depend on the issuing insurance company’s claims-paying ability.