Here is a new site to handle the demand for an annuity calculator. The requests for these types of annuity calculators covers all types of possible income and investment possibilities. Most of them can instantly give you a good idea of what you are looking for.
Annuity Calculators Are Not Perfect
But remember that any annuity calculator can only give you a calculation based on your criteria; it cannot see the future. If you want an annuity calculator to forecast how much your capital will grow based on a certain interest rate, remember that it can’t foresee what will happen to interest rates!
Again annuity calculators are designed to give you general details only as they cannot read your mind and calculate what you really need. That’s is possible only after some issues have been settled such as :
a. your date of retirement
b. your wife’s date of retirement
c. your ages
d. amounts available from all sources
e. taxation questions and answers
When the annuity calculator form is completed , it is the first step towards the final conclusion.
And again there are many types of annuity calculators. There is a term certain annuity calculator, indexed annuity calculator, impaired annuity calculator and other types of calculators to give you an idea of where you stand financially.
But the site does a good job I think of raising questions you need to answer before taking a decision. Buying a life annuity is a serious business and different types of annuity calculators can help you towards that goal.
But then you need solid professional advice as to which type of annuity you need to buy. You are dealing with a decision as large as buying a house or an expensive automobile or long vacation, which need to be planned for. You make calculations for these events which is what you are doing using a annuity calculator.
But no type of retirement or annuity calculator can replace the strong feelings you may have as to what you ought to do.