Annuity Payout Option & Tax Impact Simulator
Compare life-only, period-certain, and joint options with tax drag + inflation-adjusted purchasing power.
Gross Monthly Income-
After-Tax Monthly Income-
Year-1 Net Annual Income-
Real Monthly Income (Year N)-
Total Nominal Payout (N years)-
Purchasing-Power Retention-
Recommended Next Check
Run calculator to see practical next steps.
Decision Checklist
- Match payout option to household longevity risk, not just first-year income.
- Estimate after-tax income before comparing annuities with bond ladders or CDs.
- Stress-test inflation to avoid overestimating long-run purchasing power.
FAQ
Is this an insurer quote?
No. This is an educational estimator. Actual quotes depend on age, state, rider choices, and carrier underwriting.
Why can life-only show higher income?
Life-only usually pays more because it has fewer guarantee features compared with period-certain or joint options.
Does inflation automatically increase payout?
Most fixed immediate annuities do not auto-adjust for inflation unless you buy a specific increasing option.
Disclaimer: Educational estimates only. Not financial, tax, or investment advice.