Calculator Instructions

  1. Select Required Principal option.
  2. Set Withdrawal Amount to your current monthly net earned income.
  3. Leave Withdrawal Frequency set to monthly.
  4. Set Length of Annuity to reflect number of years income you need to replace.
  5. Set Annual Growth Rate to what you would expect an investment to reasonably earn. If you are not sure use 6%

Annuity Calculator
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Insurance Glossary

Group Annuity: A contract providing annuities at retirement to a group of people in a pension plan. Usually, it is issued to an employer for the benefit of employees. The individual members of the group hold certificates as evidence of their annuities.



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