Calculator Instructions

  1. Select Required Principal option.
  2. Set Withdrawal Amount to your current monthly net earned income.
  3. Leave Withdrawal Frequency set to monthly.
  4. Set Length of Annuity to reflect number of years income you need to replace.
  5. Set Annual Growth Rate to what you would expect an investment to reasonably earn. If you are not sure use 6%

Annuity Calculator
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Insurance Glossary

Disability Benefit: A benefit added to some life insurance policies providing for waiver of premium and sometimes payment of a monthly income, if the insured becomes totally and permanently disabled.



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