Monday, January 7, 2013

Annuity Calculator for excel

http://www.spreadsheet123.com/ExcelTemplates/annuity-estimator.html

The Annuity Calculator for excel is to help when estimating the future value of your savings and annuity payments after retirement and also to estimate the amount that you need to save for your retirement.




Simple definition of annuity is a stream of equal payments to an individual, such as to a retiree, that occur at predetermined intervals (that is, monthly or annually). The payments may continue for a fixed period or for a contingent period, such as for the recipient's lifetime. Although annuities are most often associated with insurance companies and retirement programs, the payment of interest to a bondholder is also an example of an annuity.



The annuity calculator template on this page is designed to estimate an annuity payments with inclusion of annual inflation and also with variable rate of return.





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