We grow your investment to the age income begins, then convert that value into a level monthly income over your expected payout years — an illustration only, not a product quote.

Step by step

1. Accumulation: the premium grows at an assumed rate until income starts.
2. Payout: that value is levelized into monthly payments over the years from income-start age to life expectancy, using a standard annuity-payment formula.

The math

valueAtStart = premium × (1+g)^(startAge−currentAge); monthlyIncome = PV × (r/12) ÷ [1 − (1+r/12)^(−payoutYears×12)].

Sources & assumptions

• Standard time-value-of-money / annuity-payment formulas (public domain).

Note: No carrier pricing or proprietary product factors are used; this is a generic illustration.

1. This is an ILLUSTRATIVE estimate, not an annuity quote, offer, or guarantee of income.
2. Actual annuity income depends on the specific product, carrier, and current rates. Speak with your advisor.