Single Premium Annuity Calculator

Use this calculator to help you determine how a Fixed Annuity might fit into your retirement plan.

Single premium annuity calculator. You can customize your annuity to meet your needs. With it you can calculate either. Your estimated annual annuity income will be.

The Annuity Calculator will tell you how much monthly income it would produce for the rest of your life. Use our annuity calculator to discover the right solution for your retirement income needs. R Annual interest rate.

Once you know how much youll need you can enter your data into our immediate annuity calculator to get an estimated monthly income figure. Enter in the amount invested into the immediate annuity the life expectancy of the annuitant in number of years until the estimated date of death the annual rate of return on the immediate annuity and the payment frequency monthly annually or. The immediate annuity aka.

Many people use single premium immediate annuities to fund their retirement. Single premium immediate annuity or SPIA for short is the simplest annuity product on the market. It is based solely on information provided by you.

You can set the guarantee period index the income to help it keep pace with inflation or include your spouse in a joint plan. The annuity calculator helps to compute the income from investment in a specific period. A single premium immediate annuity is a contract you purchase from an insurance company with a single lump sum premium purchase amount.

LIC Jeevan Shanti Pension 850 Sample Calculation. A financial advisor will be able to help you calculate the amount required to fund the income you desire. Using the data from our example the formula allows us to calculate the monthly payments.