Annuity Calculator - Annuity Quotes

The Annuity Calculator helps to estimate how much your monthly annuity payments would be if you have the TSP purchase an annuity for you with your account balance after you separate from service. The estimated results are rounded and displayed whole in dollars. In using the Annuity Calculator, remember that an annuity is only one of several TSP withdrawal options available to you after you separate from service.

The mathematical theory of life annuities is based upon a knowledge of the rate of mortality among mankind in general, or among the particular class of persons on whose lives the annuities depend. It involves a mathematical treatment too complicated to be dealt with fully in this place, and in practice it has been reduced to the form of tables, which vary in different places, but which are easily accessible. The rate of mortality at each age is therefore, in practice usually determined by a series of figures deduced from observation and the value of an annuity at any age is found from these numbers by means of a series of arithmetical calculations..

The first writer who is known to have attempted to obtain, correct mathematical principles, on the value of a life annuity, was Jan De Witt, grand pensioner of Holland and West Fries land. Though De Witt's report was well known among his contemporaries it had been entirely lost for 180 years, until Hendricks discovered it among the state archives of Holland in company. It is a document of extreme interest, and of very great merit, more especially considering that it was the very first document on the subject that was ever written.

Annuity calculators provide quotes for a variety of annuities such as CD-type annuities, fixed annuities, equity indexed annuities, and immediate annuities with each annuity type addressing different retirement needs. For example an immediate annuity calculator helps you to estimate how much income you can expect from your investment by taking into account your deposit amount, age, and choice of annuity payment options, as well as the insurance companies' internal rates of return.