How much does a $200,000 annuity pay per month?

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Blueprint Income offers insights into the potential returns of annuities for retirees. For men aged 60 to 75, investing $200,000 in an annuity can yield an annual payout ranging from $14,000 to $20,000. This translates to a monthly income of approximately $1,167 to $1,667, providing a steady stream of cash Flow during retirement.

The picture, however, is slightly different for women in the same age bracket. Despite investing the same amount, women can expect a slightly lower annual payout, ranging from $13,710 to $19,076. This translates to a monthly income of $1,143 to $1,590, highlighting a gender disparity in annuity returns.

The disparity in annuity payouts between men and women can be attributed to various factors, including life expectancy and actuarial tables used by insurance companies to calculate premiums and benefits. Women tend to have longer life expectancies, which can affect the calculation of annuity payments.

It's important for retirees to carefully consider their financial needs and goals before investing in an annuity. Annuities can offer a guaranteed income stream, but they also come with certain limitations and fees. It's crucial to weigh the pros and cons and consult with a financial advisor to make an informed decision.