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$100,000 Annuity Payments Analyzed

How Much Does a $100,000 Annuity Pay Per Month
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    As of March 9, 2023, a $100,000 annuity would pay you $614 per month if you purchased the annuity at age 65 and began taking payments immediately.

    How Much Does a $100,000 Annuity Pay Per Month?

    I ran annuity quotes from 56 different insurance companies to determine how much-guaranteed income a $100,000 annuity would pay you per month.

    In this guide, I will list the best $100,000 annuity payouts based on:

    • Age at the time of purchase
    • Number of years you defer your annuity payments
    • Joint and Single Life Payout Options

    $100K Immediate Annuity Payouts

    $100,000 Immediate Annuity Payments at age 60

    AnnuityMonthlyAnnualRatingFee
    Symetra$417$5,000A1.20%
    Nassau Re$412$4,940B+.95%
    Great American$398$4,770A+1.15%

    $100,000 Immediate Annuity Payments at age 65

    AnnuityMonthlyAnnualRatingFee
    Nationwide$479$5,665A+1.00%
    Sentinel Security Life$459$5,508B++1.05%
    Symetra$398$5,500A1.20%

    Immediate Lifetime Income: Age 70

    $100,000 Immediate Annuity Payments at age 70

    AnnuityMonthlyAnnualRatingFee
    Sentinel Security Life$504$6,048B++1.05%
    Global Atlantic$500$6,000A1.00%
    Nationwide$495$5,940A+1.00%

    What is the Highest Paying Annuity Right Now?

    The annuity table below shows the best monthly and annual payments for a $100,000 annuity if you begin taking payments immediately. 

    Immediate lifetime payments are based on how old you are when you purchase the annuity; the older you are the higher your monthly income will be.

    AgeMonthlyAnnually
    60$564 $6,768
    61$572 $6,864
    62$580 $6,960
    63$592 $7,104
    64$603 $7,236
    65$615 $7,380
    66$628 $7,536
    67$642 $7,704
    68$657 $7,884
    69$670 $8,040
    70$685 $8,220

    What Will a $100K Annuity Pay in the Future?

    The longer you wait to begin your annuity payments, the higher the monthly payouts will be. The table below gives you a good idea of what your lifetime payments would be in the future.

    AgeIn 5 YearsIn 10 yearsIn 20 Years
    40$10,538
    45$11,858
    50$8,872 $13,005
    55$6,603 $10,000 $14,433
    60$7,648 $10,800
    65$8,160 $11,689
    70$9,010 $14,108
    75$10,568

    How Much Interest Does a $100,000 Annuity Pay?

    A $100,000 annuity would pay you $5,747.99 in interest per year. You can use the annuity calculator below to calculate how much an annuity would pay you. 

    Enter your initial investment amount, the fixed annuity rate, the number of years you’ll invest, and how often the interest will compound. Then hit the CALCULATE button.  

    Useful NOTE: The compounding frequency does not matter if you are going to be taking the interest your annuity earns as monthly payments. (If you want to simply accumulate your interest most annuities earn compounding interest.

    Free Annuity Quote

    Fill out the form below to receive a free annuity quote within 4 business hours, or use one of our annuity calculators.

    Frequently Asked Questions

    Our research found that a $750,000 annuity would pay you between $3,125 and $9,083 per month for life. Income amounts vary based on age at the time of purchase, and how long you wait to begin taking your income payments.

    Single-Premium Immediate Annuities do not charge a fee. However, there is a fee to add a guaranteed income rider to a deferred annuity. The fee comes out of your account value and does not reduce your annuity payments.

    Generally speaking, the best time to buy an annuity intended to generate lifetime income is 10 years prior to taking lifetime income payments. So if your desired retirement age is 65, you should purchase your income annuity at age 55 or shortly thereafter to maximize the benefits provided by lifetime income riders.

    A $200,000 annuity would pay you approximately $958 per month for life if you purchased the annuity at age 65 and began taking payments immediately.

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