Table: Payouts on Income Annuities
The amount you get in return for a $100,000 premium depends on the option you choose. Those who opt simply for a monthly check for the rest of their life receive the most. Buyers collect less if they want payments to continue for a spouse or for a guaranteed number of years.
Male AGE OF ANNUITY HOLDER MONTHLY PAYOUT*
70 $886.99 70 with 5-yr. guarantee 866.78 70 with 10-year guarantee 817.55 70 with 65-year-old spouse 647.56
Female AGE OF ANNUITY HOLDER MONTHLY PAYOUT*
70 $807.49 70 with 5-yr. guarantee 797.02 70 with 10-year guarantee 769.60 70 with 75-year-old spouse 711.30
* Payouts are the average paid by 16 leading annuity companies as of Nov. 27