Income Solutions® is a lifetime income annuity marketplace with simple, streamlined tools that can help you turn your savings into a paycheck for life or an income stream you won't outlive. You can compare features on low-cost, competitively bid annuity products from multiple top-rated insurance companies and choose the income annuity best suited to your personal financial needs.
Below is a comparison of an annual 4% drawdown on $100,000 as compared to income that could be received with the use of a lifetime income annuity. With the 4% drawdown option, once the funds are depleted there would no longer be monthly payments versus a lifetime income annuity would continue to pay monthly income for the individual’s lifetime allowing them to supplement their other income sources.
| Monthly Income | Annual Income | |
|---|---|---|
| 4% Drawdown | $333 | $4,000 |
| Single Life Only, $100,000 Deposit, Purchased at Age 65 |
$660* | $7,920* |
| Joint and Survivor (100%) Life Only, $100,000 Deposit, Purchased at Age 65 | $577* | $6,924* |