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URL:  http://boards.fool.com/jafo31-asks-inquiring-minds-want-to-know-are-the-25568292.aspx

Subject:  Re: Income Planning Assumption Date:  6/7/2007  9:36 PM
Author:  intercst Number:  57815 of 76420

JAFO31 asks,

Inquiring minds want to know, are the immediate annuities available to those of normal retirement age - say 62 - 67, that pay guaranteed 6-7% for life, adjust for inflation, and that include either a minimum pay term or some return of premium?


I just ran the numbers for a 65-year-old male using Vanguard's Annuity Online Quotes

$100,000 annuity = $8,020/yr.
$100,000 annuity with inflation adjustment = $5,930/yr.
$100,000 annuity with inflation adjustment and full cash refund = $5,400/yr.

intercst
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