Monthly Payments from a $400,000 Annuity

1 min read
Source: CBS News
Monthly Payments from a $400,000 Annuity
Photo: CBS News
TL;DR Summary

A $400,000 annuity can provide monthly payments ranging from about $2,200 to over $4,100 depending on factors like age, gender, and annuity type, offering a stable income stream for retirement but with considerations such as liquidity, inflation, and tax implications.

Share this article

Reading Insights

Total Reads

1

Unique Readers

2

Time Saved

5 min

vs 6 min read

Condensed

96%

1,06140 words

Want the full story? Read the original article

Read on CBS News