If you decide to invest in an annuity , you should understand how much stable income you can expect from it. If you have $1 million, you likely want to know how much your monthly payout will be. Monthly cash flow from a $1 million annuity varies depending on several factors, including the type of annuity purchased, the age at which the annuity payments begin and current interest rates.
Don’t Miss: The average American couple has saved this much money for retirement — How do you compare ?
Can you guess how many Americans successfully retire with $1,000,000 […]
Full Post at finance.yahoo.com