An annuity is defined as the series of equal payments payed at regular intervals. For example, annuities are regular deposits to savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities are classified by the frequency of payment dates. The payments may be made weekly, monthly, quarterly, yearly, or at any other interval of time. Just use the annuity percent calculator to estimate the amount of annuity you required to buy.
An annuity is defined as the series of equal payments payed at regular intervals. For example, annuities are regular deposits to savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities are classified by the frequency of payment dates. The payments may be made weekly, monthly, quarterly, yearly, or at any other interval of time. Just use the annuity percent calculator to estimate the amount of annuity you required to buy.
If the values for Withdrawal rate, annuity rate, sustainable withdrawal rate are 30 %, 21 % and 60 %
AP = (WR - SWR) / (AR-SWR)
= (30 - 21) / (60 - 21)
= 0.2308 %
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