Subject: Re: I like annuities
Schwab has a fixed-income-annuity-calculator.
I entered male age 80, $100,000 investment, start payouts next month
Monthly income:
life: $1,330...

Indeed, those aren't bad figures. Another site suggests $1033/month, not that much different.

It seems to be not that bad partly because age 80 is getting up there.

But also, things have definitely got a lot better lately. A while back (when bond yields were extremely low, negative in real terms), assuming modest 2% inflation it showed breakeven for a 65 year old starting at age 102. i.e., no real return until then.

Jim