How this estimator works

Estimated income payments displayed in this tool are based on a number of guaranteed, fixed income annuities available through Fidelity. The companies offering the products are reputable insurance providers.

The methodology for calculating a fixed income annuity payment is based on a variety of factors:

• Current interest rates at the time of purchase
• Life expectancy of the single or joint lives
• Administrative costs
• Income Start Date
• Funding Source
• Annual Increase Option

It is important to note that the formula can vary over time and by insurance provider.

Also note that the payments do not reflect the impact of taxes.