How is An Annuity Income Payout Calculated?
We recently wrote a piece showing how much income you can expect to receive every month from different types of annuities, including fixed, immediate income annuities and deferred income annuities. While that post is very useful to get a general idea of how much income you stand to receive based on how much you invest and for how long, those numbers are no more than estimations because there are many variables involved in the calculations and those variables are unlikely to agree perfectly with what your issuer will ultimately offer. That’s why it’s important to learn how to calculate annuity ...