How much does a $100,000 annuity pay a month?

A $100,000 income annuity would pay approximately $868 a month for a 65-year-old man deferring payments for five years. When Brett’s $100,000 fixed annuity matures, he can annuitize the contract to receive roughly $1,036 a month in income. Brett’s payout is the highest of the three examples because of the type of annuity he purchased.

How much would a 65-year-old man pay for an annuity?

Lori’s age and gender also factor into her annuity payout. By starting payments at 70 instead of 65, Lori will receive a larger payment each month. That said, her payment is slightly reduced because she is female. A $100,000 income annuity would pay approximately $868 a month for a 65-year-old man deferring payments for five years.

How much money can I withdraw from an annuity?

You can withdraw $1,399.47 at the end of each month to deplete your initial balance. The total interest earned on the annutiy is $67,936.61. Display... Apply the annuity payout calculator to find the amount of regular payments from an annuity to reach a certain balance.