For example, as of April 2026, a healthy 70-year-old might see an annual payout rate of roughly , compared to just 6.85% for someone age 60.
Not all annuities are built for this stage of life. Here are the top contenders: buying an annuity at 70
: Because insurance companies factor in shorter life expectancies, they offer higher monthly payments to a 70-year-old than to a 60-year-old. For example, as of April 2026, a healthy
: These provide principal protection while giving you a chance for growth based on market indexes (like the S&P 500). They are popular for those who want some upside without the risk of losing their initial investment. The Trade-Offs to Consider : These provide principal protection while giving you
Buying an annuity at 70 isn't just "possible"—for many, it’s actually a sweet spot. Why 70 is a Strategic Age for Annuities
Turning 70 is often a turning point for financial strategy. You’re likely already managing and Required Minimum Distributions (RMDs) , and the desire for stability usually starts to outweigh the hunt for aggressive market growth.