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The unique details of your annuity will determine the monthly payout. Estimated Monthly Payments of a $200,000 Annuity The figures derive from a Charles Schwab calculator. The table below gives examples of what a $200,000 immediate, lifetime, fixed-income annuity would pay, for annuitants of several ages. So, if interest rates rise, your monthly payout might go up. Variable annuities are usually tied to market factors. If you sign up for a variable annuity, you won’t find guaranteed monthly payments. If you sign up for a fixed annuity, you’ll lock in guaranteed monthly payments.

Type of annuity: The monthly payment you get from an annuity may or may not fluctuate.

But you’ll typically see a higher monthly payment with a deferred annuity. An immediate annuity kicks in right away.

When you want the payments: You can choose between an immediate annuity or a deferred annuity.

You’ll want to lock in a high interest rate for higher payments.

The interest rate: When you sign up for an annuity, you’ll see an interest rate defined in the contract.

The exact amount that you can expect from a $200,000 annuity will vary based on three factors:

You can buy an annuity if you want a guaranteed source of income for any situation. Most people who purchase annuities use the funds as an additional stream of income for retirement. In others, you’d make the payments to your insurance company over a long period of time.Īfter you provide the funds, your insurance company will make regular payments at a predetermined amount for a specific period of time. In some cases, you’ll provide all of the funds upfront. An annuity is a financial contract between an investor and an insurance company that generally locks in a regular monthly payout in exchange for an investment.