The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Income Planning Assumption Date:  6/7/2007  9:36 PM
Author:  intercst Number:  57815 of 81367

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.

Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us