RETIREMENT TOOLS Annuity payout calculator

This calculator displays the corresponding annuity amount required for a user-specified monthly income, or alternatively, the estimated monthly income based on a specified amount invested, with a fixed annual payout rate.

 

This calculator assumes an immediate, fixed lifetime annuity for a single life. This calculator also assumes an annual payout rate of 5%, of the income received as a percentage of the premium amount, and a rider cost of 1.3% and 1.5% for the two options displayed.

 

Keep in mind that there are many types of annuities. Whether the annuity is fixed-rate or variable, immediate or deferred. There are also other factors that impact the annuity payout amount, such as life expectancy and state taxes. The two sample products, “Nationwide” and “Lincoln” are just examples, and there are numerous other annuity products. To learn more about the options available to you, please contact a J.P. Morgan advisor.

 

Annuities available at J.P. Morgan Chase are issued by third-party insurance companies that are not affiliated with the company. Annuity payouts or guarantees of any kind are subject to the claims paying ability of the issuing insurance company. Annuities are distributed by Chase Insurance Agency, Inc. and JPM Securities. This calculator and the information provided to you is for informational purposes and cannot be relied upon for any investment decisions. J.P. Morgan Securities LLC and its affiliates do not provide tax, legal or accounting advice. You should consult your J.P. Morgan advisor and your own tax, legal and accounting advisors before engaging in any transaction.

An annuity is a long-term, tax deferred insurance contract that can provide a guaranteed monthly (or other predetermined period) income stream, typically for retirement purposes. Annuities can be either fixed, under which you receive a guaranteed minimum fixed interest rate, or variable, in which the rates and annuity value fluctuate based on the performance of the underlying subaccounts. You buy the contract alone or with the help of your employer. For more information, refer to the FINRA Guide to Annuities.

There are two main types of annuities that can help you prepare for retirement: fixed rate annuities and variable annuities.

• A fixed rate annuity typically provides guaranteed and stable growth, determined by the guarantee period selected. The Fixed Annuity category includes Fixed Income (SPIAs) Annuities, Deferred Income Annuities (DIAs), Fixed Rate Annuities and Fixed Indexed Annuities.
• A variable annuity is a type of annuity that rises and falls in value based on the performance of its underlying investment portfolio. This category includes Buffered Annuities, Traditional Variable Annuities and Investment Only Variable Annuities.