Calculate the guaranteed income you could get from a single premium immediate annuity (SPIA).
Annual Income
$12,500
Guaranteed per year
Monthly Income
$1,042
Annual ÷ 12
Total Payout Over Term
$250,000
Annual income × years
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How to read these numbers
A SPIA turns your lump sum into steady, predictable income. The income rate is set by the insurer based on market conditions, your age, and the payout term you choose. Over a fixed term, the total payout simply equals annual income multiplied by years, so this estimate helps you compare the guarantee against what the money could earn elsewhere.
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Results are estimates only and should not be considered professional insurance advice. Always consult a licensed insurance advisor before making coverage decisions.
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