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What's the Payout for a $1M Annuity?
Annuity Payout Details
The following monthly annuity payouts are based on a premium of $1,000,000 of registered
funds, providing a payout for life with no guarantee period. Payments will commence in one
month.
How Much Does a $1,000,000 Annuity Pay Per Month?
| Annuitant Age |
Investment Amount |
Monthly Payout Male |
Monthly Payout Female |
Monthly Payout Joint |
|---|---|---|---|---|
| 50 | $1,000,000 | $4581.87 | $4489.98 | $4222.09 |
| 51 | $1,000,000 | $4647.06 | $4540.68 | $4258.46 |
| 52 | $1,000,000 | $4715.87 | $4594.46 | $4297.14 |
| 53 | $1,000,000 | $4788.50 | $4651.45 | $4338.27 |
| 54 | $1,000,000 | $4865.31 | $4712.06 | $4382.08 |
| 55 | $1,000,000 | $4946.86 | $4776.34 | $4428.72 |
| 56 | $1,000,000 | $5020.14 | $4826.69 | $4460.53 |
| 57 | $1,000,000 | $5099.68 | $4882.10 | $4496.48 |
| 58 | $1,000,000 | $5184.87 | $4941.95 | $4535.72 |
| 59 | $1,000,000 | $5277.67 | $5008.01 | $4579.73 |
| 60 | $1,000,000 | $5377.50 | $5079.19 | $4627.64 |
| 61 | $1,000,000 | $5468.27 | $5156.22 | $4679.82 |
| 62 | $1,000,000 | $5568.40 | $5240.01 | $4737.25 |
| 63 | $1,000,000 | $5678.71 | $5331.12 | $4800.29 |
| 64 | $1,000,000 | $5798.74 | $5429.71 | $4869.31 |
| 65 | $1,000,000 | $5929.68 | $5536.68 | $4944.84 |
| 66 | $1,000,000 | $6057.44 | $5641.03 | $5016.23 |
| 67 | $1,000,000 | $6197.83 | $5754.80 | $5094.75 |
| 68 | $1,000,000 | $6350.66 | $5880.40 | $5182.23 |
| 69 | $1,000,000 | $6517.90 | $6017.98 | $5278.29 |
| 70 | $1,000,000 | $6699.11 | $6170.51 | $5384.89 |
| 71 | $1,000,000 | $6862.52 | $6253.14 | $5421.55 |
| 72 | $1,000,000 | $7043.36 | $6352.89 | $5470.75 |
| 73 | $1,000,000 | $7242.33 | $6472.11 | $5534.45 |
| 74 | $1,000,000 | $7461.90 | $6610.73 | $5612.38 |
| 75 | $1,000,000 | $7702.57 | $6771.30 | $5706.57 |
| 76 | $1,000,000 | $8003.13 | $7025.15 | $5882.20 |
| 77 | $1,000,000 | $8329.39 | $7303.96 | $6075.21 |
| 78 | $1,000,000 | $8682.83 | $7610.31 | $6287.48 |
| 79 | $1,000,000 | $9066.74 | $7945.98 | $6519.66 |
| 80 | $1,000,000 | $9482.64 | $8314.58 | $6774.05 |
Source: LifeAnnuities.com Inc. - Annuity Rates from BMO Insurance as of March 2025.