Sentences with phrase «get older the annuity»

Not exact matches

A greater percentage of older couples are getting divorced and are at an age when they are more likely to have annuities.

A 65 - year - old man who invests $ 100,000 in an immediate annuity would receive about $ 565 a month in lifetime income; a 65 - year - old woman would get about $ 545; and, a 65 - year - old couple (man and woman) would receive about $ 480.

The rates for annuities vary with interest rates — which are currently quite low — but right now a 70 - year - old couple can get an income of 4.8 % of the principal you put down for life, fully indexed to inflation, says Otar.

A 65 - year - old man who invests, say, $ 100,000 in an immediate annuity today would receive about $ 550 a month for life; a 65 - year - old woman would get about $ 530 a month; and a 65 - year - 0ld man - and - woman couple would receive monthly payments of $ 470 as long as either is alive.

So, for example, a 65 - year - old man who invests $ 50,000 in a longevity annuity might start receiving payments of about $ 1,800 a month starting at age 85 that would continue for the rest of his life; a 65 - year - old woman would get in the neighborhood of $ 1,400 a month beginning at the same age, while a 65 - year - old man and woman couple would receive about $ 1,100.

For example, a 65 year old male may purchase an annuity for $ 100,000 and get a lifetime monthly income of around $ 600.

Annuities can provide a higher income payout as you get older.

Today, a 65 - year - old man who invests $ 100,000 in an immediate annuity would receive roughly $ 565 a month for life, a 65 - year - old woman would get about $ 545 a month and 65 - year - old couple (man and woman) would collect about $ 480 a month as long as either is alive.

For example, a 65 - year - old man who invests $ 200,000 in an immediate annuity today would receive about $ 1,120 a month for life; a 65 - year - old woman would get roughly $ 1,050; and, a 65 - year - old couple (man and woman) would receive about $ 940, according to ImmediateAnnuity.com's annuity calculator.

A 65 - old - man who invests $ 100,000 of his savings in an immediate annuity today would receive guaranteed payments of about $ 545 a month for life, a 65 - year - old woman would get about $ 510 a month and a 65 - year - 0ld couple (man and woman) would receive $ 450 a month, a payment that would continue as long as either one was alive.

For example, a 65 - year - old man would have to invest roughly $ 12,500 in a longevity annuity today to receive $ 545 a month starting at age 85, or the same payment he would have to fork over $ 100,000 to get from an immediate annuity.

Birenbaum says a 70 - year old male purchasing $ 100,000 in a single life, prescribed non-registered annuity with no guarantee or indexing would get $ 598.61 a month, of which only $ 92.96 is taxable, according to an RBC quote.

Today, for example, a 65 - year - old man who invests $ 100,000 in an immediate annuity would receive payments of roughly $ 555 a month for life, a 65 - year - old woman would get about $ 525 and a 65 - year - old man - and - woman couple would collect about $ 470.

Today, a 65 - year - old man who invests $ 100,000 in an immediate annuity would receive about $ 560 a month for life, a 65 - year - old woman would get roughly $ 535 a month and 65 - year - old couple (man and woman) would collect about $ 475 a month as long as either is alive.

According to Ivon Hughes of Montreal - based LifeAnnuities.com, a healthy 65 - year - old male not wanting a guarantee period would get $ 531.49 monthly income from a $ 100,000 registered annuity.