If you don't want to mess with complex formulas, there's an easy way to estimate your monthly annuity income — especially for lifetime fixed annuities. Here's how it works: ...

As you can see from the figures above, monthly payments range from about $125 to over $6,400 depending on how much you invest and how old you are when you start receiving checks.

Monthly Payment = Principal x i (1+i)n / i (1 +i)n – 1 i = interest rate n= number of payment periods Let’s assume your contract offers you an interest rate of 6% over a 10-year period ...

To figure out how much you can expect to receive each month, you’ll want to use the following formula: Monthly Payment = Principal x i (1+i)n / i (1 +i)n – 1 i = interest rate ...

But figuring out exactly how much income you'll receive from an annuity isn't always a straightforward process. There's no universal answer for what your annuity payments will be, as the monthly ...