Example scenario result

$250,000 joint-life annuity income comparison

Texas joint-life scenario: age 60, income starting at age 70, premium $250,000. This example shows the income, liquidity, guarantee, cost, and principal-control tradeoffs without requiring a form submission.

Highest monthly income

$5,690

FIA income rider

Best balance

FIA income rider

Strongest guarantee

FIA income rider

Income vs control matrix

See what the higher income asks you to give up.

The chart plots monthly income against a principal-control score derived from liquidity terms. Larger circles indicate stronger beneficiary-value evidence when it is returned.

Path	Monthly income	Control score	Beneficiary evidence
FIA income rider	$5,690	92/100	$349,333
Annuitization	$1,961	8/100	Not returned
DIA benchmark	$2,710	8/100	Not returned
SPIA benchmark	$1,377	8/100	Not returned

Decision balance

Income is only one part of the score.

These bars combine monthly income, principal control, and beneficiary-value evidence into an illustrative balance score.

FIA income rider

Income with more contract control

Income100/100

Control92/100

Beneficiary100/100

DIA benchmark

Deferred guaranteed income

Income48/100

Control8/100

Beneficiary4/100

Annuitization

Contract conversion benchmark

Income34/100

Control8/100

Beneficiary4/100

SPIA benchmark

Immediate guaranteed income

Income24/100

Control8/100

Beneficiary4/100

Cumulative income

The first payment is not the whole story.

This view estimates cumulative income paid over 5, 10, 15, and 20 years after each path begins. It helps separate headline monthly income from long-term payment timing.

Path	Starts	Year 5	Year 10	Year 15	Year 20
FIA income rider	Age 70	$341,401	$682,803	$1,024,204	$1,365,605
Annuitization	Age 70	$117,660	$235,320	$352,980	$470,640
DIA benchmark	Age 70	$162,600	$325,200	$487,800	$650,400
SPIA benchmark	Age 60	$82,620	$165,240	$247,860	$330,480

Best balance

FIA income rider

Best balance when flexibility matters

Monthly income

$5,690

/month

Global Atlantic - Forethought Life Insurance Company · ForeIncome II

Liquidity: high flexibility
Guarantee: Lifetime guaranteed
Fee or cost: ~1.20%/yr rider fee
Control note: Often preserves contract value access, beneficiary value, and room to change course.
What you give up: Monthly income can be lower than a pure income-only contract, and rider fees can apply.

Benchmark

Annuitization

Contract conversion benchmark

Monthly income

$1,961

/month

Liquidity: No principal access
Guarantee: Lifetime guaranteed
Fee or cost: No ongoing fees after conversion
Control note: Converts contract value into a lifetime payment stream from the insurer.
What you give up: Principal access is generally gone once the contract is annuitized.

Benchmark

DIA benchmark

Deferred guaranteed income

Monthly income

$2,710

/month

Integrity Life Insurance Company (W&S) · Integrity Deferred Income Annuity

Liquidity: No principal access
Guarantee: Lifetime guaranteed
Fee or cost: No ongoing fees — income is fixed at purchase
Control note: Useful when a future income start date is known and principal access is less important.
What you give up: You usually give up access to principal during the waiting period and after payments begin.

Benchmark

SPIA benchmark

Immediate guaranteed income

Monthly income

$1,377

/month

Guardian Insurance & Annuity Company · Guardian Single Premium Immediate Annuity

Liquidity: No principal access
Guarantee: Lifetime guaranteed
Fee or cost: No ongoing fees — income locked at purchase
Control note: Useful as an immediate-income benchmark even when the plan is to defer income.
What you give up: You usually give up principal access in exchange for the immediate lifetime payment.

Result table

Path	Monthly	Liquidity	Guarantee	Cost	What you give up
FIA income rider	$5,690	high flexibility	Lifetime guaranteed	~1.20%/yr rider fee	Monthly income can be lower than a pure income-only contract, and rider fees can apply.
Annuitization	$1,961	No principal access	Lifetime guaranteed	No ongoing fees after conversion	Principal access is generally gone once the contract is annuitized.
DIA benchmark	$2,710	No principal access	Lifetime guaranteed	No ongoing fees — income is fixed at purchase	You usually give up access to principal during the waiting period and after payments begin.
SPIA benchmark	$1,377	No principal access	Lifetime guaranteed	No ongoing fees — income locked at purchase	You usually give up principal access in exchange for the immediate lifetime payment.

Run your own version of this scenario

The representative result is crawlable. The calculator lets you change age, state, premium, and life type.

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Data freshness: May 22, 2026. Estimates are based on available product and quote data. Guarantees are backed by the issuing insurance company, not AnnuityRatesHQ or AdvisorWorld.