Immediate Annuity Rates at Age 80, October 2026
As of October 1, 2026, a $100,000 single premium immediate annuity (SPIA) pays an 80-year-old man up to $1,046/month for life, an 80-year-old woman up to $986/month, and an 80-year-old couple up to $847/month with 100% continuing to the survivor. Basis: single life with a 5-year period certain, best of the 8 A-rated carriers we publish.
The men's figures at age 80 are read at a surveyed age in an earlier round, then repriced. The women's and joint figures at age 80 are derived from each carrier's own ratio to its men's quote at surveyed ages, then repriced. None of the figures in our tables is a direct quote from the latest survey round. How we build these figures.
SPIA Payouts at Age 80: Best, Average and Lowest (October 2026)
Monthly income per $100,000 premium across the 8 A-rated carriers we publish, as of . Single life with a 5-year period certain, income starting one month after purchase. Joint = 100% survivor benefit, both spouses age 80. The last column says how each row was built.
| Age 80 | Best of 8 | Average of 8 | Lowest of 8 | Best annual rate | How built |
|---|---|---|---|---|---|
| Male | $1,046/mo | $995/mo | $926/mo | 12.6% | Surveyed age, repriced |
| Female | $986/mo | $934/mo | $856/mo | 11.8% | From carrier ratios, repriced |
| Joint (couple, both 80) | $847/mo | $808/mo | $750/mo | 10.2% | From carrier ratios, repriced |
How the age-80 figures are built. The men's figures at age 80 are read at a surveyed age in an earlier round, then repriced. The women's and joint figures at age 80 are derived from each carrier's own ratio to its men's quote at surveyed ages, then repriced. None of the figures in our tables is a direct quote from the latest survey round. For the base tables we received 54 survey runs covering 30 client scenarios, prepared July 14 to September 14, 2026, and used 52 of them for pricing (2 runs used annual payments and were left out of pricing). Repriced means a carrier's figure is moved by that carrier's own measured change between survey rounds, on quotes for the same age and sex. The latest check was on October 1, 2026, against 7 of 11 new survey runs prepared September 18 to 29, 2026. We repriced 1 of the 8 carriers we publish (Athene, up about 1.8%) and held the other 7 at their earlier figures.
Annual rate = 12 × best monthly payment ÷ $100,000. Part of every payment is return of principal, so this is an income rate, not an investment yield.
Source: LifeAnnuities.us quote surveys run for real clients. The figures start from quotes our agent runs for real clients, not advertised rates or illustrations. For the base tables we received 54 survey runs covering 30 client scenarios, prepared July 14 to September 14, 2026, and used 52 of them for pricing (2 runs used annual payments and were left out of pricing). 17 carriers were quoted. On we checked the tables against 7 new survey runs (4 client scenarios, prepared September 18 to 29, 2026). 11 runs were received and 4 were not used (4 runs were for a 41-year-old, well below our table ages; two of them were at $5,000,000). We repriced 1 of the 8 carriers we publish (Athene, up about 1.8%) and held the other 7 at their earlier figures. A repriced carrier has its whole table moved by its own measured change on quotes for the same age and sex. New York Life: readings were mixed, so we held its figures until the next round. Two direct comparisons with mid-September quotes came in 0.7% and 1.6% higher once premium size is allowed for. A third, measured through August, came in 0.6% lower. How each figure is built. Men: 60, 65 and 80 read at surveyed ages; 55, 70 and 75 interpolated between surveyed ages. Women: all ages derived by ratio. Joint: 55, 60, 75 and 80 derived by ratio; 65 and 70 calibrated to a direct same-age joint quote. None of the figures in our tables is a direct quote from the latest survey round. They are built from earlier rounds (read at surveyed ages, interpolated or derived from carrier ratios) and checked carrier by carrier against the latest one. Joint figures at ages 65 and 70 are calibrated to a direct joint quote (same-age joint quote, both spouses 66, 100% to the survivor, 5-year period certain, prepared September 18, 2026). That corrects an estimate. It is not a market move. Basis: single life or joint (100% to survivor), 5-year period certain, income starting next month, per $100,000. Full method and known limits. Free to cite with attribution to LifeAnnuities.us.
The 8 carriers on this page, each rated A or better by AM Best: New York Life, Nationwide, Western & Southern, Athene, Penn Mutual, Pacific Life, Mutual of Omaha, Lincoln Financial. "Average of 8" is the simple mean of the eight carrier figures.
Best Monthly Income at Age 80 by Premium
Highest figure among our 8 carriers, scaled from the per-$100,000 rate. Click a premium for the full payout guide at that amount.
| Premium | Male, 80 | Female, 80 | Joint, both 80 |
|---|---|---|---|
| $100,000 | $1,046/mo | $986/mo | $847/mo |
| $250,000 | $2,615/mo | $2,465/mo | $2,118/mo |
| $500,000 | $5,230/mo | $4,930/mo | $4,235/mo |
| $1,000,000 | $10,460/mo | $9,860/mo | $8,470/mo |
Per year: $31,380 for a man, $29,580 for a woman and $25,410 for a couple on $250,000. Premiums above $250,000 usually run past a state guaranty association limit and are split across two carriers. Any premium and age: annuity calculator.
All 8 Carriers at Age 80 (October 2026)
All 8 carriers at age 80, per $100,000, as of October 1, 2026. Men's column: read at a surveyed age in an earlier round, then repriced. Women's column: derived from each carrier's own ratio to its men's quote at surveyed ages, then repriced. Joint column: derived from each carrier's own ratio to its men's quote at surveyed ages, then repriced. The best figure in each column is highlighted; the spread between best and lowest for a man is 11%.
| Carrier | AM Best | Male | Female | Joint |
|---|---|---|---|---|
| New York Life | A++ | $1,046/moBest | $986/moBest | $829/mo |
| Nationwide | A+ | $1,041/mo | $962/mo | $836/mo |
| Western & Southern | A+ | $1,013/mo | $966/mo | $847/moBest |
| Athene | A+ | $1,037/mo | $956/mo | $835/mo |
| Penn Mutual | A+ | $960/mo | $914/mo | $815/mo |
| Pacific Life | A+ | $998/mo | $946/mo | $795/mo |
| Mutual of Omaha | A+ | $942/mo | $883/mo | $750/mo |
| Lincoln Financial | A | $926/mo | $856/mo | $760/mo |
In our tables as of October 1, 2026, the best figure at age 80 comes from New York Life in the men's column, New York Life in the women's column and Western & Southern in the joint column. The leader can change when carriers reprice, which is why we compare all 8. Full tables: male · female · joint · all rates.
Buying an Immediate Annuity at 80: The Highest Rates We Publish
Eighty is the top of our published table and the highest immediate annuity figure we publish: up to $1,046/month per $100,000 for a man (a 12.6% annual payout rate), $986 for a woman and $847 for a couple. At this age a large part of every check is return of your own principal, because the carrier expects to make payments over a shorter period, so read the payout rate as income, not as investment yield. Compared with a 65-year-old man's $693, the same premium buys 51% more monthly income.
The typical 80-year-old buyer is turning a lump sum into a dependable monthly deposit that covers assisted-living or long-term-care costs, guaranteeing a surviving spouse's income, or simply ending the chore of managing investments. Because the expected payment period is shorter, the 5-year period certain built into our figures matters more here than at any younger age (it guarantees at least 60 monthly payments to you or your beneficiary), and a 10-year certain or cash refund is worth pricing if leaving something behind matters. Carriers also set maximum issue ages, typically in the mid-80s to 90 and a few higher, so the window is not unlimited. Funds above your state guaranty limit are usually split between two of the A-rated carriers we quote.
Beyond 80
Our published tables stop at 80, but carriers set maximum issue ages typically in the mid-80s to 90 (a few higher), and payouts keep rising with age up to that point. Above 80 the period-certain and cash-refund options do most of the work of protecting your premium, so we quote them alongside the life-with-5-year-certain figures shown here. Five years earlier, at 75, the best male figure in our tables is $893/month. See rates at 75.
Payout options at 80
Every figure in the tables on this page is single life (or joint life) with a 5-year period certain, income starting one month after purchase. The comparisons in this paragraph are estimated from typical market relationships; our surveys quote the 5-year period certain only. On that estimate, a life-only contract pays about 3.5% more for a 75-year-old man, because payments simply stop at death. For the same 75-year-old man, a 10-year period certain pays about 12% less than life only and a cash refund about 15% less (75 is the oldest age we estimate; at 80 they cost more still). The cost of those guarantees rises with age because they cover a larger share of the expected payment period. Exact pricing varies by carrier, so we quote the options side by side for each client. The trade-offs are explained in annuity payout options.
Joint figures
The joint column assumes 100% of the payment continues to the surviving spouse and that both spouses are 80. A younger spouse lowers the payout; a 75% or 50% survivor level raises the starting payment in exchange for a smaller check after the first death. Household expenses rarely fall by half when one spouse dies, but one Social Security check disappears, which is why we most often recommend the 100% level. Full joint tables: joint annuity rates.
Frequently Asked Questions
How much does a $100,000 immediate annuity pay an 80-year-old?
As of October 1, 2026, the best of the 8 A-rated carriers in our tables pays an 80-year-old man $1,046 per month per $100,000 (single life with a 5-year period certain), an 80-year-old woman $986 per month, and an 80-year-old couple $847 per month with 100% continuing to the survivor. The average across all 8 carriers is $995, $934 and $808 respectively, and the lowest figures are $926, $856 and $750. The men's figures at age 80 are read at a surveyed age in an earlier round, then repriced. The women's and joint figures at age 80 are derived from each carrier's own ratio to its men's quote at surveyed ages, then repriced. None of the figures in our tables is a direct quote from the latest survey round. On a $250,000 premium the best male figure scales to $2,615 per month.
Is 80 a good age to buy an immediate annuity?
Eighty is the highest age in our tables and pays the most: as of October 1, 2026 a $100,000 SPIA buys a man up to $1,046/month, a woman $986 and a couple $847. It is a good age to buy when the goal is dependable monthly income for care costs or a surviving spouse and you want to stop managing investments. Because a large share of each payment is return of principal, most 80-year-old buyers pair the purchase with a period-certain or cash-refund option so an early death does not forfeit the premium. Our figures already include a 5-year period certain.
How much do SPIA quotes differ between carriers at age 80?
In our tables as of October 1, 2026, the best and lowest figures among the 8 carriers for an 80-year-old man on the same contract are $1,046 and $926 per month per $100,000, an 11% spread. The men's figures at age 80 are read at a surveyed age in an earlier round, then repriced. On a $250,000 premium the gap is about $3,600 a year, every year, for life. Quotes lock for only 7 to 14 days and carriers reprice with bond yields, so compare all 8 carriers on the same day and commit within one window.
Bottom line: as of the best immediate annuity figure in our tables at age 80 is $1,046/month per $100,000 for a man, $986 for a woman and $847 for a couple. For a man that is 12.6% a year, guaranteed for life. The men's figures at age 80 are read at a surveyed age in an earlier round, then repriced. The women's and joint figures at age 80 are derived from each carrier's own ratio to its men's quote at surveyed ages, then repriced. None of the figures in our tables is a direct quote from the latest survey round. Figures differ by 11% between the best and lowest of the 8 A-rated carriers we publish, so the single most valuable step is a same-day comparison. New to SPIAs? Start with what a SPIA is.
Get Your Personal Age-80 Rate
Figures shown are the best of our 8 carriers per $100,000. Your exact figure depends on your birthday, state, premium and payout option. See it in 2 minutes, no obligation, or run the numbers first in the annuity calculator.
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