How much does an annuity cost per month?

How much does an annuity cost per month?

An annuity will distribute a guaranteed income between $4,167 and $12,110 per month for a single lifetime and between $3,750 and $11,149 per month for a joint lifetime (you and spouse). The income amounts are factored by the age you purchase the annuity contract and the length of time before taking the income.