How Much Does An $200,000 Annuity Pay?

Shawn Plummer

CEO, The Annuity Expert

How much does a $200,000 annuity pay per month?

A $200,000 annuity would pay you approximately $876 each month for the rest of your life if you purchased the annuity at age 60 and began taking payments immediately. A 200,000 dollar annuity would pay you approximately $958 each month for the rest of your life if you purchased the annuity at age 65 and began taking payments immediately. A $200,000 annuity would pay you approximately $1,042 each month for the rest of your life if you purchased the annuity at age 70 and began taking payments immediately.

What Is The Payout From Annuities For $200,000?

Annuities are an investment tool that provides a stable, lifelong income. Annuity payments vary according to the buyer’s age and how much time is left before annuitants take a payout.

Using annuity calculators and quoting software, I researched 1319 annuity products, 307 income riders from 61 top insurance companies to figure out how much annual income will be paid.

This is the payout table you want to use if you are already retired or retiring soon. It shows how much annual income $200,000 annuity will provide the lifetime income is started immediately. The longer you wait before starting the income, the higher the income amount will be.

$200,000 Annuity Immediate Payouts

AgeMonthlyAnnually
55$738$8,856
56$756$9,072
57$774$9,288
58$792$9,504
59$810$9,720
60$875$10,500
61$875$10,500
62$875$10,500
63$882$10,584
64$450$10,800
65$900$10,800
66$958$11,500
67$958$11,500
68$972$11,664
69$990$11,880
70$1,042$12,500

How Much Income Does $200,000 Annuity Payout In The Future?

The following table will provide an estimate of how much guaranteed income a $200,000 annuity will payout, annually, for the rest of a person’s life.

AgeIn 5 YearsIn 10 yearsIn 20 Years
40$21,076
45$23,716
50$17,744$26,010
55$13,206$20,000$28,866
60$15,296$20,800
65$16,320$23,378
70$18,020$28,216
75$21,136

When is the Best Time to Buy an Annuity For $200,000?

The best time to purchase an annuity is 5 to 10 years before the anticipated start date of monthly income withdrawals. Annuity rates can and do change.

Estimate Your Retirement Income Payments

Take advantage of 17 different annuity calculators to generate estimates, then request a quote.

Calculate a $200,000 Annuity Payout

On our annuity calculators page, you’ll find 17 different calculators to help generate quotes for an annuity.

Request a quote for a customized annuity. We will respond within 24 hours, and if of urgent nature, you may contact us at (770) 755-1565 between 8:00 and 5:30 EST Monday through Friday. You may also book a free consultation here.

We earn a commission from the insurance company from the sale of an annuity, so we don’t have to charge you any fees.

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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. 

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