Annuity Payout Calculator
Over 100 Annuity Carriers to Quote From. Here are a few of them!
Use our Annuity Payout Calculator to estimate predictable monthly income from top-rated annuity carriers. At Diversified Insurance Brokers, we shop 75+ insurers to help you compare immediate and deferred income options, structure single or joint payouts, and align guarantees with your retirement goals—without pressure or sales tactics.
What You Can Do With This Calculator
- Estimate monthly payouts: Model single life, joint life, and period-certain options.
- Compare start dates: Quote income beginning now or at a future date.
- Test premiums & guarantees: See how deposit size and guarantee periods change payouts.
- Explore riders: Review common income riders and how they affect results.
Who It’s a Good Fit For
- Retirees who want guaranteed income for essential expenses.
- Pre-retirees aiming to lock in future payouts at today’s rates.
- Couples seeking joint lifetime income that continues for the survivor.
- Investors reducing market risk with contractual guarantees.
Why Work With Diversified Insurance Brokers
- Independent search: We compare 75+ A-rated carriers for strong payouts and terms.
- Plain-English guidance: We explain trade-offs—income, liquidity, and guarantees.
- Custom design: Structure income ladders and start dates around your cash-flow plan.
- No pressure: Transparent quotes and recommendations tailored to your goals.
Explore High-Dollar Annuity Payouts
Frequently Asked Questions
How does the annuity payout calculator estimate monthly income?
It uses your premium amount, age(s), payout start date, and payout type (single life, joint life, period-certain, etc.) along with current carrier assumptions to estimate monthly income. Actual quotes depend on live carrier rates and underwriting rules at time of application.
What payout options can I compare?
Common options include single life, joint life (spousal), life with period-certain (e.g., 10 or 20 years), and period-certain only. Some contracts also offer cash-refund features or inflation-adjusted payments.
Does the calculator include inflation adjustments?
By default, payouts are shown as level income. If the carrier offers cost-of-living adjustments (COLA) or indexed increases, we can model those in your personalized illustration so you can compare level vs. rising income.
What’s the difference between immediate and deferred income?
Immediate income (SPIA) starts within 12 months of purchase. Deferred income can start later, sometimes with an income rider that builds an income base during the deferral period. Deferring typically produces a higher future payout.
Are taxes included in the calculator results?
No. Results are pre-tax estimates. Distributions from qualified funds (IRA/401(k)) are generally taxed as ordinary income. Non-qualified contracts may include an exclusion ratio for SPIAs. Consult your tax advisor for your situation.
Can I model joint lifetime income for my spouse?
Yes. Select a joint life option to estimate income that lasts as long as either spouse lives. You can also model survivor percentages (e.g., 100%, 75%, 50%) depending on the product.
Will my payout change if carrier rates change?
Yes. Payouts reflect current carrier pricing and can change until your application is issued. We compare offers from 100+ top-rated carriers and lock in the best available option at the time you apply.
What are the next steps after I run the calculator?
Request a personalized illustration. We’ll verify assumptions, show multiple carriers side-by-side, model single vs. joint and period-certain options, and confirm any fees, riders, and refund provisions before you decide.
Talk With an Advisor Today
Choose how you’d like to connect—call or message us, then book a time that works for you.
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