|
Brandon, age 45, has $100,000 to purchase a longevity annuity. He
wants to start receiving his monthly payments at age 65. With his
initial investment of $100,000 his guaranteed monthly payments will be
$2,312.19 which totals an annual income of $27,746.28.
|
|
|
Sally, age 45, has $100,000 to purchase a longevity annuity. She
wants to start receiving her monthly payments at age 65. With her
initial investment of $100,000 her guaranteed monthly payments will be
$2,119.97 which totals an annual income of $25,439.64.
|
|
|
Miguel, age 60, has $100,000 to purchase a longevity annuity. He wants to
start receiving his monthly payments at age 75. With his initial
investment of $100,000 his guaranteed monthly payments will be $2,542.86
which totals an annual income of $30,514.32.
|
|
|
|
Linda, age 60, has $100,000 to purchase a longevity annuity. She wants to
start receiving his monthly payments at age 75. With her initial
investment of $100,000 her guaranteed monthly payments will be $2,202.78
which totals an annual income of $26,433.36.
|
|
|
John, age 75, has $100,000 to purchase a longevity annuity. He wants to
start receiving his monthly payments at age 85. With his initial
investment of $100,000 his guaranteed monthly payments will be $3,587.69
which totals an annual income of $43,052.28.
|
|
|
|
Maria, age 75, has $100,000 to purchase a longevity annuity. She wants to
start receiving her monthly payments at age 85. With her initial
investment of $100,000 her guaranteed monthly payments will be $3,026.42
which totals an annual income of $36,317.04.
|
|
| Name |
Age In |
Age Out |
Amount In |
Monthly
Payment |
| Brandon |
45 |
65 |
$50,000 |
$1,156.10 |
| Sally |
45 |
65 |
$50,000 |
$1,059.99 |
| Miguel |
60 |
75 |
$50,000 |
$1,271.43 |
| Linda |
60 |
75 |
$50,000 |
$1,101.39 |
| John |
75 |
85 |
$50,000 |
$1,793.85 |
| Maria |
75 |
85 |
$50,000 |
$1,513.21 |
| |
|
|
|
|
| Name |
Age In |
Age Out |
Amount In |
Monthly Payment |
| Brandon |
45 |
65 |
$100,000 |
$2,312.19 |
| Sally |
45 |
65 |
$100,000 |
$2,119.97 |
| Miguel |
60 |
75 |
$100,000 |
$2,542.86 |
| Linda |
60 |
75 |
$100,000 |
$2,202.78 |
| John |
75 |
85 |
$100,000 |
$3,587.69 |
| Maria |
75 |
85 |
$100,000 |
$3,026.42 |
|
|
