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How to use Annuity Calculator
- Investment: Lump sum premium.
- Rate: Guaranteed interest rate.
- Payout Term: Number of years or "Lifetime".
- Calculate: Monthly income generated.
About Annuity Calculator
The Annuity Calculator estimates the huge future value series of payments or the payouts from a lump sum investment.
Useful for analyzing insurance products that promise "income for life".
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