Buy An Annuity At Age 40: Should I Do It?

Shawn Plummer

CEO, The Annuity Expert

If you are 40 years old, you may ask yourself: Should I buy an annuity? Unfortunately, the answer to that question is not cut and dry. It depends on your specific situation. This guide will discuss why people purchase annuities at age 40 and what factors contribute to a successful decision. We also provide tips for how to decide if it’s right for you!

Should I Buy An Annuity At Age 40?

How Much Income Can I Expect If I Buy An Annuity At Age 40?

If you’re 40 and want an idea of the income, you could receive for life starting at age 60, 65, and 70, below is the amount needed to fund an annuity today (at age 40) and guarantee your desired retirement income.

Retirement Age$25,000/yr.$50,000/yr.$75,000/yr.$100,000/yr.
Age 60$237,326$474,472$711,708$948,944
Age 65$193,524$387,048$580,573$774,096
Age 70$163,646$327,292$490,937$654,583

Next Steps

An annuity may be the answer if you’re looking for a guarantee of future income in retirement while minimizing taxes. Request a quote today to see how much money you could receive each month for the rest of your life. You can also keep up with inflation throughout your retirement, protect your principal from stock market crashes, and even roll over old IRAs and 401(k)s into this investment vehicle. With so many benefits available, it’s worth determining if purchasing an annuity at age 40 is the right choice for you.

Should I Buy An Annuity At Age 40

Request A Quote

Get help from a licensed financial professional. This service is free of charge.

Contact Us

Frequently Asked Questions

Can I buy an annuity at 40?

Yes. Consumers can buy an annuity at age 40. Most annuities have no minimum age limitations.

Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

The Annuity Expert is an online insurance agency servicing consumers across the United States. My goal is to help you take the guesswork out of retirement planning or find the best insurance coverage at the cheapest rates for you. 

Scroll to Top