I ask because I have a financial calculator and for the annuity with a 3% COLA I get a different rate than in your report. Hersh Stern (ImmediateAnnuities.com) 2015-12-07 10:48:42 Hi Don- Here's how we calculate our cash flow rate: We multiply the first year's monthly income ...
Using the NewRetirement annuity calculator, I found that a 65-year-old man could purchase an immediate annuity for $1 million, with a 3% annual inflation adjustment, and receive initial income of $54,000 a year. This annuity would continue monthly payments to our 65-year-old’s heirs if ...