Charles Schwab Income Annuity Estimator

Schwab's annuity estimator shows how much stable monthly income you could generate from your retirement savings by purchasing a fixed annuity. It helps you understand annuities as one piece of a broader income strategy and lets you model different payout amounts and timing.

This tool fits retirees or near-retirees who want predictable income but aren't sure whether an annuity makes sense for their situation. It pairs well with other planning tools to build a complete picture of income sources and compare annuities against other withdrawal strategies.