Spia Annuity Calculator
Below are the 4 annuity types that you can shop to find the best contractual offers to meet your financial goals.
Spia annuity calculator. Receive protection against losing your premium. Use this income annuity calculator to get an annuity income estimate in just a few steps. Single premium immediate annuity or SPIA for short is the simplest annuity product on the market.
The SPIA provides guaranteed income your retirement paycheck that will continue for the rest of your life andif you. Immediate Annuity Calculator SPIA USAA. If youre ready to take advantage of the lifetime-income guarantee that an annuity provides simply enter your data into our immediate annuity calculator to get an estimated monthly income.
The Annuity Man has 4 proprietary calculators and live feeds to provide the highest contractual guarantees available with all carriers. This calculator does not provide SPIA or DIA quotes but it does allow you to ballpark such. Enter the savings you have available that you could convert to an annuity.
The information published at this web site is not intended to be a recommendation to purchase an annuity. Its purchased by people retiring within the next year or already in retirement. The annuity calculation provided to you is an estimate--not a formal quote.
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 quarterly. That said you can use the annuity calculation is a reference point if you choose to shop for an annuity. Day 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31.
An annuity is actuarially fair if the price paid for it equals the expected present value of the income stream it provides. Use our SPIA calculator or other annuity calculators to get personalized rates in minutes to start planning your lifetime income. If youre looking for an immediate ongoing source of income that you cant outlive a single premium immediate annuity could be right for you.