Tools / Calculator
Retirement Paycheck Gap
Start with the life you want to fund. Subtract Social Security, pension, and other income you can count on. What remains is the gap an annuity might be asked to fill.
Monthly gap
$3,800
$45,600 per year still uncovered.
| Illustrated payout | Premium that might fill the gap |
|---|---|
| 5.0%Conservative lifetime illustration | $912,000 |
| 6.0%Mid-range lifetime illustration | $760,000 |
| 7.0%Higher lifetime illustration | $651,429 |
Payout rates are educational illustrations, not quotes. Actual lifetime income depends on age, gender, options, rates, and the issuing insurer. Premium shown is the lump sum that would produce the annual gap at each rate. This is not a recommendation to purchase any annuity.
These tools are educational. They are not insurance quotes, tax advice, or a recommendation to buy or surrender any product. Results depend entirely on the numbers you enter.