2025 Stan the Annuity Man Calculator | SPIA, MYGA & Annuity Estimates
Calculate accurate annuity payments with our free Stan the Annuity Man calculator for 2025. This essential tool helps US residents estimate SPIA annuity payments, MYGA rates, and compare immediate vs deferred annuity options using current market data.
This annuity calculator uses 2025 rates and Stan the Annuity Man's methodology to estimate payments for different annuity products available to US residents:
Calculates SPIA payments based on current immediate annuity rates
Projects MYGA growth using guaranteed multi-year rates
Estimates deferred annuities with future income projections
Adjusts for state variations in insurance regulations
Compares payout options (life only, period certain, joint life)
Stan's methodology focuses on annuity transparency and contract simplicity. Our calculator helps you:
For Retirement Planners
Compare SPIA vs MYGA vs deferred annuity options
Understand how age affects annuity payments
Calculate guaranteed lifetime income streams
Plan for tax-efficient retirement withdrawals
For Financial Professionals
Illustrate annuity concepts to clients
Show immediate vs deferred payout differences
Demonstrate state-specific rate variations
Calculate break-even points for different options
Understanding Annuity Types in 2025
Our Stan the Annuity Man calculator models these key products:
Single Premium Immediate Annuities (SPIA)
Current Rates: 5.2%-6.8% for age 65 (varies by state)
Best For: Creating guaranteed lifetime income
Tax Treatment: Exclusion ratio applies to taxable portion
Multi-Year Guaranteed Annuities (MYGA)
2025 Rates: 4.5%-5.5% for 10-year contracts
Best For: Safe accumulation with guaranteed returns
Surrender Periods: Typically 3-10 years
Key Annuity Calculations
The monthly annuity calculator considers these factors:
Mortality Credits: How pooling risk increases SPIA payouts
Interest Rates: Current 2025 annuity rate environment
State Variations: New York vs Florida rate differences
Payout Options: Life-only vs period certain tradeoffs
Inflation: Nominal vs inflation-adjusted payouts
Common Annuity Calculation Mistakes
Even with a good principal annuity calculator, watch for these errors:
Ignoring state differences: Rates vary significantly by state
Underestimating longevity: Life-only payouts maximize income
Overlooking tax treatment: Qualified vs non-qualified money differs
Misunderstanding guarantees: Only the insurance company's strength backs promises
Pro Tip: For the most accurate SPIA quotes, run calculations for your exact age (not just nearest birthday) and compare at least three insurers. Small rate differences create large payout variations over decades.
Frequently Asked Questions
How accurate is this annuity calculator?
Our SPIA calculator provides estimates within 2% of actual insurer quotes for most cases. Exact quotes depend on your health, exact age, and specific insurer.
What's better: SPIA or MYGA?
SPIAs provide immediate lifetime income while MYGAs offer growth with future options. Use our delayed annuity calculator to compare scenarios.
How do taxes work with annuities?
With non-qualified money, only the earnings are taxed (LIFO method). Qualified money is fully taxable. SPIAs use an exclusion ratio.
What's the best age to buy an annuity?
Most buyers get optimal rates between 65-75. Earlier may sacrifice income, later may face health issues.
Annuity Buying Resources
For more information, consult these Stan the Annuity Man resources: