There are a variety of ways that someone can find a calculator for immediate annuity. Some of these places are; Forbes, Find, Immediate Annuities and Mini Web Tool.
Chat with our AI personalities
The website for Immediate Annuities offers an online calculator that will give you a quote immediately. This company also gives you the option to call them for a quote at 1-800-872-6684.
An immediate annuity is a type of investment that provides income for a specified number of years for an individual or a beneficiary and may be purchased at any time. However, prior to establishing this type of investment fund, it is necessary for an individual to determine if this type of annuity is the most advantageous method of saving for future needs and supplemental income. By utilizing an immediate annuity calculator, an individual can easily find out the value of current funds and the future investment growth potential of those funds using minimal information.Information Necessary When Using An Immediate Annuity CalculatorIn order to use an immediate annuity calculator, an individual must know the amount of money to be initially invested into the immediate annuity. This monetary value cannot be changed once it is established with the insurance company and is elemental to the calculations as the future fund value and payments depend on the initial investment amount. The second value necessary for using an immediate annuity calculator is the estimated life expectancy or the investor or the total number of years payment is to be made from the fund. Additionally, in order to effectively use an immediate annuity calculator, an investor must determine how often payments are to be issued from the fund. Normally, payments are made on either a monthly, quarterly, or yearly basis to the investor or fund beneficiary designated by the investor. Finally, the last piece of information needed to accurately estimate the future value for an immediate annuity fund is the Annual Rate of Return expected to be paid on the investment as this number is key to future fund value.Planning For The FuturePlanning for the future is an important decision for every individual, and immediate annuities are sound investment options. Prior to establishing an immediate annuity fund, it is a good idea to use an immediate annuity calculator to determine the investment amount necessary to yield the desired future income. Because very little information is needed to complete the calculations, it is a fast and easy investment tool when determining future monetary needs and payment amounts.
One can find an annuity payments calculator at a number of places online. For example, DGI Direct, RBC Insurance, Bankrate, and Legal and General all have annuity payments calculators online.
The Immediate Annuity Calculator calculates the amount of monthly income you will receive in return for a specific Premium. One can also find how much Premium would be necessary in order to receive a specific monthly income amount.
One can find an annuity payout calculator at any office superstore. Office superstores include OfficeMax and Staples. These calculators may also be found online through search.