Immediate Annuity Calculator

Estimates monthly income generated by purchasing an immediate annuity.

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Annuity Details

$
%
20 years

Annuity Income

$833.33
Monthly Payment
$10,000
Annual Payment
Total Number of Payments240
Total Payout$200,000
Return on Investment0

A $200,000 immediate annuity at 5% would provide $833.33 per month for 20 years, totaling $200,000.

How it works›

Model and assumptions. Multiplies the premium by the entered annual payout rate and divides by payment frequency; total payments follow the entered duration. The payout rate is an assumption, not an insurer quote. Mortality credits, joint-life features, guarantees and taxes are not fully priced.NAIC: life insurance and annuities