The software calculates the duration of fixed sum annuity or pension payouts by inputting monthly withdrawal. It shows the estimated length of time the payout will continue.
One of the biggest advantages of this software is that it allows you to make "what if?" calculations using different monthly withdrawals and rates of return on your lump sum payout. This is particularly helpful for those who want to explore various payout alternatives and make informed decisions based on their specific needs and goals.
Another great feature of this program is the professional-looking printouts it generates, complete with a "prepared by:" area that makes it easy for financial planners to share the results with clients. Speaking of financial planners, they can also use this collection of programs to advise clients on annuity and pension payout alternatives, including monthly payments for their lifetime and other options.
Overall, if you're looking for a reliable, user-friendly program to help you manage your annuity or pension payout, this is definitely one you'll want to check out! It's packed with features, easy to use, and delivers accurate results every time. Try it out today and see for yourself why it's become such a popular choice among financial planners and investors alike.
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