In 2026, $100,000 buys a 65-year-old about $600-$700 monthly for life. Call 1-800-MEDIGAP for your exact quote.
What does a $100,000 annuity pay per month at 65?
In mid-2026, a $100,000 single premium immediate annuity pays a 65-year-old man about $625 per month and a 65-year-old woman about $590 per month on a life-only basis, according to Annuity.org. Adding a 10-year-certain guarantee lowers those to roughly $608 and $576. A joint payout covering two 65-year-old spouses starts near $536 monthly. These figures reflect current interest rates, which sit near 15-year highs, and they change daily. They are illustrative, not guarantees. For a binding, state-specific quote on your $100,000, call 1-800-MEDIGAP and a licensed specialist will compare live offers from multiple A-rated carriers.
What changes how much a $100,000 annuity pays?
Four factors drive your monthly check. Age: older buyers receive more because the expected payout period is shorter, so a 70- or 75-year-old out-earns a 65-year-old on the same $100,000. Gender: men typically receive slightly more than women due to life-expectancy differences. Payout option: life-only pays the most, while period-certain, joint, or refund options trade some income for protection. Interest rates: higher rates mean bigger payouts, and today's near-15-year highs favor buyers. Because every carrier prices these differently, comparison shopping matters. Call 1-800-MEDIGAP to see how each factor affects your specific quote.