Free Tool · income annuities
Annuity break-even calculator
An income annuity turns a lump sum into a paycheck for life. This tool estimates the break-even point — how long the payments take to return your premium — so you can weigh the trade-off. Guarantees rely on the claims-paying ability of the issuing insurer.
Simplified estimate: premium ÷ monthly payment. Does not reflect interest credited, riders, taxes, inflation, or death-benefit provisions. Guarantees depend on the issuing insurance company's claims-paying ability. Hypothetical — not investment advice.
Questions, answered
What is an annuity break-even point?
It's how long it takes for the income payments from an income annuity to add up to the premium you paid. After the break-even point, continued payments are money beyond your original principal — which is why lifetime income annuities favor a longer life.
Does an annuity guarantee my returns?
No annuity guarantees investment returns. Income annuities provide guaranteed payments backed by the claims-paying ability of the issuing insurance company. This tool shows a simplified break-even on payments only; it does not reflect interest, riders, taxes, or inflation.
How do I know if an annuity fits me?
It depends on your goals, other income, health, and how it coordinates with Social Security and long-term care. We compare options plainly with no pressure. Product availability and rates vary by company and state.
See whether guaranteed income fits your plan
A free, no-pressure conversation with an independent Utah planner.
Educational only — not financial, tax, or legal advice. Annuity guarantees are subject to the claims-paying ability of the issuing company.