More guaranteed income to count on when you need it to count.
New York Life Guaranteed Lifetime Income Annuity1 annual income amounts—Montana.
What would more guaranteed income mean to you? Here’s an example of how you can turn a portion of your retirement savings into guaranteed income payments for life. The table below, an example intended for illustrative purposes, shows that, in exchange for a $100,000 premium, a 65-year-old could receive $6,527.76 annually in guaranteed lifetime income—a 6.5% payout rate. He or she will continue to receive this income for the rest of his or her retirement—no matter how long he or she lives.
Annual income and payout rates2 for $100,000 in premium
|Age at issue||Annual income||Annual payout rate
(Includes interest and return of premium)
A New York Life Guaranteed Lifetime Income Annuity can give you more confidence to live a more fulfilling retirement by providing you with a guaranteed stream of income in exchange for a one-time premium payment.