How much does a $100,000 fixed annuity pay per month?

A $100,000 fixed annuity typically pays between $500 and $700 per month, depending mainly on your age when payments start, gender, and the payout option chosen.

For example, a 65-year-old choosing a single life immediate annuity might receive around $550 to $600 monthly, while a 70-year-old could see closer to $650 to $700 due to a shorter expected payout period.

Joint-life options (covering a spouse) usually pay less than single-life. Interest rates at the time of purchase also matter significantly, since higher rates generally mean higher payouts.

For a precise figure, insurers like Fidelity, Schwab, or immediate annuity marketplaces (such as ImmediateAnnuities.com) offer free quote calculators using your specific details.