What's the Payout for a $500K Annuity?

$500k Annuity Payout

Annuity Payout Details
The following monthly annuity payouts are based on a premium of $500,000 of registered funds, providing a payout for life with no guarantee period. Payments will commence immediately.

How Much Does a $500,000 Annuity Pay Per Month?

Annuitant
Age
Investment
Amount
Monthly Payout
Male
Monthly Payout
Female
Monthly Payout
Joint
50 $500,000 $2282.22 $2236.45 $2103.01
51 $500,000 $2314.69 $2261.70 $2121.13
52 $500,000 $2348.96 $2288.49 $2140.39
53 $500,000 $2385.14 $2316.88 $2160.88
54 $500,000 $2423.40 $2347.06 $2182.70
55 $500,000 $2464.02 $2379.08 $2205.94
56 $500,000 $2500.52 $2404.16 $2221.78
57 $500,000 $2540.14 $2431.76 $2239.69
58 $500,000 $2582.57 $2461.57 $2259.23
59 $500,000 $2628.79 $2494.48 $2281.15
60 $500,000 $2678.52 $2529.93 $2305.02
61 $500,000 $2723.73 $2568.30 $2331.01
62 $500,000 $2773.61 $2610.04 $2359.62
63 $500,000 $2828.55 $2655.42 $2391.01
64 $500,000 $2888.34 $2704.53 $2425.39
65 $500,000 $2953.56 $2757.81 $2463.02
66 $500,000 $3017.20 $2809.78 $2498.57
67 $500,000 $3087.12 $2866.45 $2537.68
68 $500,000 $3163.25 $2929.01 $2581.26
69 $500,000 $3246.55 $2997.54 $2629.10
70 $500,000 $3336.81 $3073.51 $2682.20
71 $500,000 $3418.20 $3114.68 $2700.46
72 $500,000 $3508.28 $3164.36 $2724.97
73 $500,000 $3607.39 $3223.74 $2756.70
74 $500,000 $3716.75 $3292.79 $2795.52
75 $500,000 $3836.63 $3372.77 $2842.43
76 $500,000 $3986.34 $3499.21 $2929.91
77 $500,000 $4148.85 $3638.09 $3026.05
78 $500,000 $4324.09 $3790.68 $3131.78
79 $500,000 $4516.12 $3957.87 $3247.43
80 $500,000 $4723.38 $4141.47 $3374.14

Source: LifeAnnuities.com Inc. - Annuity Rates from BMO Insurance as of March 2025.

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