How Much Money Do You Need To Retire With $100,000 a Year In Income?

Shawn Plummer

CEO, The Annuity Expert

This guide will explain how much money you need to retire with $100k a year in income.

How Much Do You Need To Retire With $100,000 a Year In Income By Age?

After researching 326 annuity products from 57 insurance companies, our data calculated that $1,904,762 would immediately generate $100,000 annually for the rest of a person’s life starting at age 60, guaranteed. Our data calculated that $1,739,130 would immediately generate $100,000 annually for life starting at age 65. Our data calculated that $1,600,000 would immediately generate $100,000 annually for life starting at age 70.

The table below illustrates how much money you will need to invest today to generate $100k annually for life, guaranteed. We use an annuity to calculate the investment amount since they are the only retirement plan to guarantee an income for life. The starting age is on the left, and the retirement age is at the top.

Age606570
40$948,944$774,097$654,583
45$1,046,572$841,751$703,403
50$1,108,765$913,113$632,721
55$1,508,296$997,889$830,562

Why Buy An Annuity?

Annuities are the only retirement plan in the United States that provides a guarantee of income, even if the funds run out. These plans help you manage your expenses from day to day and never leave you worrying about running out of money, no matter how many years go by.

Annuity Basics

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Find Out How Much You Need Saved To Generate $100k Annually

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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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