Best Annuity Rates in Colorado

Monthly Income from a $100,000 Annuity in Colorado

For a 65-year-old Colorado resident, a $100,000 investment in an immediate fixed annuity typically generates monthly income of around $500 to $600, depending on factors like contract type, payout frequency, and any added riders. Choosing a single-life annuity generally provides the highest income, while a joint-life annuity or one with inflation protection will offer slightly lower payments but with additional long-term security. Deferred income annuities, which start payments at a later age, can significantly increase future payouts.

Highest Fixed Annuity Rates Available Right Now

As of 2025, the highest fixed annuity rates available in Colorado are offered through Multi-Year Guaranteed Annuities (MYGAs). The top rates by term length are:

• 2-Year Fixed – Up to 5.00%

• 3-Year Fixed – Between 5.00% and 5.25%

• 5-Year Fixed – Ranging from 5.30% to 5.45%

• 10-Year Fixed – As high as 5.65%

  
  

Top-performing annuity providers offering these rates include Athene, Oceanview Life, Sentinel Security Life, and Delaware Life. These contracts provide guaranteed returns and are particularly appealing for investors who want to avoid market volatility while preserving capital.

Monthly Payout from a $1,000,000 Annuity in Colorado

A $1,000,000 annuity can deliver a substantial retirement income stream. For a 65-year-old choosing a single-life immediate annuity, the expected monthly payout in Colorado ranges from $5,000 to $6,300. Contracts with joint-life benefits or return-of-premium features will have lower starting payments, but offer long-term peace of mind. If the annuity is deferred for 5–10 years, the monthly income could increase significantly due to compounded interest and reduced payout duration.

Monthly Income from a $300,000 Annuity

A $300,000 annuity provides a comfortable mid-level income. In Colorado, for a 65-year-old retiree selecting an immediate fixed annuity, monthly income would typically range from $1,500 to $1,850. Payouts depend on whether it’s a single or joint contract, the length of the guaranteed period, and optional features like cost-of-living adjustments. Deferring income or selecting a longer accumulation phase will improve future payouts.

Best 5-Year Fixed Annuity Rates in Colorado

For those looking for medium-term security, the best 5-year fixed annuity rates in Colorado as of 2025 are between 5.30% and 5.45%. These annuities offer guaranteed interest for five years and are commonly used by pre-retirees or individuals rolling over matured CDs or retirement accounts. Leading insurers offering competitive 5-year contracts include:

• Delaware Life

• Midland National

• Sentinel Security Life

• Guggenheim Life

  
  

These products often feature 10% annual penalty-free withdrawals, flexible renewal terms, and solid financial backing.

Top 3-Year Fixed Annuity Options

Short-term investors can benefit from 3-year MYGAs, which offer solid returns without long-term commitment. In Colorado, 2025’s best 3-year annuity rates are in the 5.00% to 5.25% range. Companies like SILAC Insurance, Liberty Bankers Life, and Equitrust lead the way with contracts that are simple, safe, and provide a higher return than savings accounts or short-term CDs.

30-Year Annuity Strategies for Long-Term Income

A 30-year annuity can be structured for either fixed monthly income or as a long-term deferred accumulation contract. If a $1,000,000 fixed payout annuity is selected, monthly income may range from $4,200 to $5,300, depending on contract specifics and annuitant age. On the other hand, 30-year deferred annuities allow for steady compound growth, with annual returns in the 4.75% to 5.25% range. Long-duration annuities are offered by New York Life, Guardian Life, and Protective Life, and are often used for legacy planning or intergenerational wealth transfer.

Best 10-Year Fixed Annuity Rates

In Colorado, 10-year fixed annuities are favored for locking in higher interest rates for a decade. The best annuity rates in this category range from 5.50% to 5.65% in 2025. These are excellent options for investors planning for retirement within 10 years, or for those rolling over long-term savings. Trusted carriers such as Athene, North American, American National, and Lincoln Financial offer annuities with features like free withdrawal allowances, enhanced death benefits, and guaranteed renewal options.

Current 5-Year Annuity Rates in Colorado

As of this year, current 5-year annuity rates for Colorado residents are in the 5.30% to 5.45% range, remaining well above the returns from CDs or bonds. These annuities guarantee a fixed interest rate and offer tax-deferred growth, with the flexibility to convert to income at the end of the contract term. They are popular among retirees and conservative savers alike, offering both safety and performance.

20-Year Annuity Income and Growth Options

A 20-year annuity provides either a fixed income payout or a long-term accumulation path. A $500,000 annuity in Colorado structured for 20 years of income may offer monthly payments of $2,800 to $3,200, depending on the insurance company and contract options. Alternatively, a deferred fixed annuity held for 20 years could yield between 5.25% and 5.50% in compound annual growth. Top providers offering 20-year annuities include MassMutual, Mutual of Omaha, and Guardian Life, all of which offer customizable riders and flexible payout features.

Lifetime Income Annuity Rates in Colorado

A lifetime annuity is ideal for retirees looking to ensure they never outlive their income. In Colorado, a 65-year-old investing $100,000 into a single-life immediate annuity can expect monthly payments of $550 to $650, with variations based on the insurer, health status, and any added riders. For joint-life or annuities with inflation protection, the starting income is lower but offers broader coverage. Providers like New York Life, Allianz, and Lincoln Financial are known for high-quality lifetime income products with options for increasing income over time.

Best Annuity Rates Today in Colorado

As of April 2025, Colorado residents can take advantage of top-tier annuity rates across a variety of terms:

• 2-Year MYGA – Up to 5.00%

• 3-Year MYGA – 5.00% to 5.25%

• 5-Year MYGA – 5.30% to 5.45%

• 10-Year MYGA – 5.50% to 5.65%

• Lifetime Income Annuities – Varies based on age, but highly competitive among top providers

  
  

With rising interest rates and market uncertainty, annuities offer a stable, low-risk income solution for retirement planning. Current rates are at some of the highest levels seen in recent years, making 2025 an excellent time to lock in long-term financial security.

FINAL THOUGHTS

For Colorado residents, annuities remain a smart strategy for securing guaranteed income, tax-deferred growth, and financial peace of mind. Whether you’re investing $100,000 for short-term growth or $1 million for lifetime income, annuities offer customizable solutions to suit every stage of retirement planning. With strong returns on 2-, 5-, 10-, and even 30-year contracts, now is an ideal time to explore your options. Alpha Book Publisher recommends working with trusted, top-rated insurers and using annuity calculators tailored to Colorado’s regulations to craft a plan that fits your long-term financial goals.