The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Income Planning Assumption||Date: 6/7/2007 9:36 PM|
|Author: intercst||Number: 57815 of 77084|
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.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|