Posts Tagged ‘interest’
Annuities – Rising Interest Rates – Another Reason To Avoid Equity-Indexed Annuities
Rising interest rates are another reason to avoid Equity-Indexed Annuities. If you are retired or near retirement, don’t let yourself be talked into purchasing an Equity-Indexed Annuity. If you do, it could easily be a decision you regret for many years to come.
I’ve been called ‘a lone voice in the wilderness speaking out’ about the dangers of Read the rest of this entry »
Annuities – Rising Interest Rates – Another Reason To Avoid Equity-Indexed Annuities
Rising interest rates are another reason to avoid Equity-Indexed Annuities. If you are retired or near retirement, don’t let yourself be talked into purchasing an Equity-Indexed Annuity. If you do, it could easily be a decision you regret for many years to come.
I’ve been called ‘a lone voice in the wilderness speaking out’ about the dangers of Read the rest of this entry »
Breaking Loan Payments Into Principal and Interest Components
Microsoft Excel can help you down a loan payment into its principal and interest components. Excel’s IPMT function lets you calculate the interest component of a loan payment. And Excel’s PPMT function lets you calculate the principal component of a payment.
Using the IPMT Function to Calculate Payment Interest
The IPMT function calculates the interest portion of a payment given its interest rate, Read the rest of this entry »
Annuities 101
What is a fixed annuity, a variable annuity?
Simply put, both a fixed annuity and a variable annuity are amounts payable annually. More specifically, they are contracts offered by insurance companies which allow you to accumulate funds for retirement on a tax-favored basis and then, if you choose, receive a guaranteed income payable for life or for a period certain such as five, ten or twenty years. Read the rest of this entry »
