The Secure act 1.0 has made it a feature of your retirement 401(k) to show exactly what the value of your portfolio converted to an annuity upon retirement at 67. The secure act is one factor that is spurring interest in annuities. The other driving factor is extremely volatile markets which have more investors concerned about a guaranteed plan. Still, drawbacks include inflation, which can eat away at a fixed pie and that risk is at an all-time high, as well as complexity where investors feel burdened. The bottom line is an investor will need $100k for a $440 monthly check, $400k for a $1,760 monthly check, and a million dollars for $4,400 monthly. 

Finsum: Consider different annuity products like variable annuities that better match the concerns that are biggest for you as an investor.