Where to find the latest annuity tables
This will be discussing the relevance of annuity tables as well as where you can find the latest annuity tables.
Annuity tables.
What are they?
Annuity tables provide a method for determining the present value of a structured series of payments. The annuity table provides a factor measured on time and a discount rate, as an annuity payment can be multiplied to determine its present value. For example, you could use an annuity table to calculate the present value of an annuity value that paid £10,000 a year for
15 years if the interest rate is expected to be 3%. However, there are financial calculators and computer software that can also be used for this purpose.
Benefits:
- They can help you to calculate and predict payments. Therefore, you would have greater control over your finances.
- They can help you to measure payments against a certain factor of measurement such as a mortgage loan (mortgage tables), pension rates for the best pension and even student loans. They can also help you to calculate to see how much money you have to cover you from retirement, therefore giving you peace of mind.
- They enable preparation and contigency planning.
- Unlike with most savings plans, buying an annuity allows for your interest to build up on a tax deffered basis.
Where to find annuity tables
How do you find them?
There are many Internet websites that allow you to search and compare annuity for annuity quotes and best annuities. There are also many customer services teams online as well so that you can foward questions if you are unsure of what annuities mean to you and how they can benefit your life. Annuity tables are a form of financial planning.
Alexander Forbes are an online financial planning company which is there to offer you a service and advise on your finances. They offer insurance advice as well as risk assessment with insurance. They are there as one example of the many that can help you to evaluate your economic situation and give you advice on how to invest and use your money. This is to ensure that you get the best out of life and the best out of your money.
Final word
Always shop around as the Internet provides you with all the latest annuity rates and tables.