👵 How much more retirement income would I get with an FIA over a MYGA?
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Reviews of How much more retirement income would I get with an FIA over a MYGA?
Finn
If you're weighing different annuity options for a lump sum of retirement savings, this calculator offers a straightforward look at your potential annual cash flow. It compares the payout of a Fixed Indexed Annuity (FIA) against the interest yield of a Multi-Year Guaranteed Annuity (MYGA) and a traditional 4% portfolio withdrawal. Just keep a close eye on the trade-offs mentioned in the hints: the FIA's higher income figure usually comes from slowly drawing down your principal, whereas the MYGA preserves your initial investment. It's a handy, quick-check tool to see how those different mechanics translate into your yearly budget.
Reviewed v26.10.0
Oct 2, 2026
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