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There are multiple types of fixed immediate annuities. As an investor i tend to shy away from anything that says fast, quick,or immediate. These work much like a pension plan, and are not right for everyone. Check out http://www.investopedia.com/ for more info.

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10y ago

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Is a variable annuity a good 403B investment?

Fees are higher in a Variable annuity than they are in say a fixed Index Annuity.


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A Vanguard variable annuity does seem be a good investment in the current market. As with any investment, there are no guarantees of profitable returns.


Using An Immediate Annuity Calculator?

An immediate annuity is a type of investment that provides income for a specified number of years for an individual or a beneficiary and may be purchased at any time. However, prior to establishing this type of investment fund, it is necessary for an individual to determine if this type of annuity is the most advantageous method of saving for future needs and supplemental income. By utilizing an immediate annuity calculator, an individual can easily find out the value of current funds and the future investment growth potential of those funds using minimal information.Information Necessary When Using An Immediate Annuity CalculatorIn order to use an immediate annuity calculator, an individual must know the amount of money to be initially invested into the immediate annuity. This monetary value cannot be changed once it is established with the insurance company and is elemental to the calculations as the future fund value and payments depend on the initial investment amount. The second value necessary for using an immediate annuity calculator is the estimated life expectancy or the investor or the total number of years payment is to be made from the fund. Additionally, in order to effectively use an immediate annuity calculator, an investor must determine how often payments are to be issued from the fund. Normally, payments are made on either a monthly, quarterly, or yearly basis to the investor or fund beneficiary designated by the investor. Finally, the last piece of information needed to accurately estimate the future value for an immediate annuity fund is the Annual Rate of Return expected to be paid on the investment as this number is key to future fund value.Planning For The FuturePlanning for the future is an important decision for every individual, and immediate annuities are sound investment options. Prior to establishing an immediate annuity fund, it is a good idea to use an immediate annuity calculator to determine the investment amount necessary to yield the desired future income. Because very little information is needed to complete the calculations, it is a fast and easy investment tool when determining future monetary needs and payment amounts.


what is an immediate annuity calculator?

An immediate annuity calculator will help determine your income when your annuity comes due. Find a reputable place to help plan your future. www.fidelity.com is a good place to reserach.


Immediate Annuity Calculator?

Immediate Annuity Calculator An immediate annuity is a product sold by insurance companies that is designed to provide you with an income stream for life. The income, by definition, is designed to start immediately, although some immediate annuities allow you to defer payments for up to one year. It is very important to remember that once you set up an immediate annuity, you no longer control the money you put in it. Likewise, while the income stream is guaranteed for your lifetime, an untimely death will not result in any money being returned to your estate. This calculator is designed to help you estimate your monthly payments from an immediate annuity.


Is a variable annuity or a fixed annuity a good investent tool?

They are both good invesment instruments when used for the right purposes. Both are insurance policy contracts with distinctive features and differences.


What is a variable annuity prospectus?

Variable annuity prospectus is a type of loan that stays at a fixed rate depending upon the loaner. It can be a good thing to have and search about if you need help budgeting.


Where might one find good advice about buying an annuity?

There are a number of good places to look for advice when buying an annuity. Some examples include your local branch bank, a financial planner or online investment forums.


Is a fixed index annuity good for older persons.?

Yes. A Fixed Index Deferred Annuity offers the senior; [1] a fixed guaranteed interest rate annually, [2] additional growth potential with index market growth, [3] are tax deferred allowing the entire amount of principle and gains to snowball and increase total equity growth. [4] has zero risk to principle or gains. The key word in an annuity is "variable". A variable annuity is at risk of loss of all gains and sometimes principle. Avoid any annuity with the word "variable".


What is the best place to find good advises on selling annuities?

Selling an annuity is, by and large, not a good idea. It is possible to sell one's right to future payments from an annuity in exchange for a cash sum. However, that market has some operators in it that may not give you a very good deal. If one is considering selling one's annuity, paying for advice from an Independent Financial Advisor could be a good investment


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Saga Insurance is a good investment. Seniors and older people may find that a fixed income investments comes with less financial risk. It allows them to have a fixed monthly income, perfect for retirement.


Is a house an economic good?

Housing is generally considered, for the methods of national accounting, a fixed investment and not a consumable good.