The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Need Present value (?) calculation help||Date: 1/16/2013 2:30 PM|
|Author: intercst||Number: 71255 of 77390|
If he's thinking of leaving the military, I'm guessing he's around 45. A life annuity for a 45-year old with a $4,000/year inflation-adjusted benefit would cost about $110,000 from an insurance company.
If he leaves at 27 years, he'll be 49, if he stays til 30 years, he'd be 52. Does that change the cost much?
A bit. An annuity costs less if you buy it when you're older. It's probably worth about $100,000 at age 52 and $105,000 at age 49.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|