Calculating the Present and Future Value of Annuities

Many retirees are concerned about market volatility and outliving their money. Annuities annuity rollover can solve both of those problems. An annuity is almost like a privately funded pension. It's an insurance product designed to produce guaranteed lifetime retirement income. Many people will fund their annuity with a rollover from their IRA or 401k. Once the annuity is funded, you decide when you want retirement cash flow to begin. Many annuities today offer payout rates between 6.5% to 7.2%