Markets rise and fall, but your mortgage or rent, your power bill, and your groceries don't wait for a recovery. This calculator shows the lump sum a Fixed Indexed Annuity with a lifetime income rider would need to guarantee those non-negotiable expenses (or other non-negotiable expenses important to you) for the rest of your life.
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A Fixed Indexed Annuity with a Guaranteed Lifetime Withdrawal Benefit (GLWB) works in three stages:
This is an illustrative starting point — not a recommendation, offer, or guarantee. A licensed Quote-Bot specialist can pull live carrier illustrations with current roll-up and payout rates, confirm suitability, and tailor the income floor to your full picture, with no sales pressure.
Illustrative and educational figures only. Fixed Indexed Annuities credit interest based on a formula tied to an external index subject to caps, participation rates, and spreads that the issuing insurer may change; they are not securities and you are not investing directly in any index, stock, or bond. The guaranteed income shown is generated by an optional Guaranteed Lifetime Withdrawal Benefit rider, which carries an annual fee and is subject to the rider's terms. Values shown are non-guaranteed illustrations, are not a prediction of future results, and assume hypothetical roll-up and payout factors. Guarantees, including any guarantee of lifetime income, are backed solely by the claims-paying ability of the issuing insurer. Surrender charges and a market value adjustment may apply to early withdrawals. Withdrawals of taxable amounts are subject to ordinary income tax and, if taken before age 59½, a possible 10% federal penalty. The concentration checks shown are automated, illustrative indicators based only on the inputs you entered; they are not a substitute for the individualized best-interest determination a licensed producer is required to make under applicable state law. This calculator is not an insurance recommendation, application, offer, or guarantee of coverage, and is not tax, legal, or investment advice. QB Insurance LLC dba Quote-Bot · Licensed in all 50 states.
Three things to confirm and we can get your application moving. It takes about a minute, and nothing is submitted to a carrier yet.
Change anything that is not right — this is what goes on the application.
A carrier issues the contract to an address, so we cannot start without one.
On an annuity the owner and the person it is measured on can be different people, and it changes how it is taxed and what happens on death.
Your beneficiaries, and what share each one gets. Shares have to add up to 100.
A Client Solutions Advisor will be in touch. Nothing is submitted to a carrier yet, and nothing happens to your cover until you say so.