Will your savings become a paycheck?
Project how money in a protected annuity strategy could grow between now and retirement, and roughly what monthly lifetime income it could produce.
Savings, an old 401(k) or an IRA you want protected from market losses.
Illustrative average annual crediting. Fixed annuities declare a guaranteed rate; indexed crediting varies year to year with a 0% floor.
Projected balance by age
At age 65
Projected protected balance
*Illustrative projection assuming steady crediting and an income rider payout typical for the selected start age. Not an offer, quote or guarantee. Actual rates, riders, fees and payouts vary by carrier, product and state and can be higher or lower.
What this planner is showing you
The projection compounds your starting amount and contributions monthly at the profile rate you chose, until your selected income age. The income figure applies an illustrative lifetime withdrawal rate that rises with your start age, similar to how carriers price income riders: roughly 5% of the benefit base at 60, 5.5% at 65, and 6% at 70.
Real products differ in important ways: crediting is not a straight line, income riders charge annual fees, and payout factors vary meaningfully between carriers. Treat this as a directional answer to one question: "am I on track for the income I want?" If the answer worries you, that is fixable, and sooner beats later. Read our fixed vs. indexed guide or book a retirement review.