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Based on your $250,000 investment at age 65
About Our Annuity Income Calculator
What is an Annuity?
An annuity is a financial product that provides a steady stream of income, typically during retirement. It’s a contract between you and an insurance company where you make a lump-sum payment or series of payments in exchange for regular disbursements.
How to Use This Calculator
Simply adjust the sliders to match your financial situation. Input your total investment, desired retirement age, monthly income needs, and how long you want the income to last. Our calculator will show you if your plan is feasible.
Understanding Your Results
The Peace of Mind Score indicates how sustainable your plan is based on current annuity rates. A higher score means your desired income is more likely to be sustainable throughout your retirement years.
Why Plan with Annuities?
Annuities provide guaranteed income, helping protect against outliving your savings. They offer tax advantages and can be a valuable component of a diversified retirement portfolio.