Managing finances and coping with the financial issues is a part of every individual’s life.
We like it or not financial planning engulfs the road to retirement in the look of sunshine during the golden years of life. Annuities – the scheme of receiving series of payments, as monthly income for life or a definite period – is one of the most commonly opted retirement security of an individual. Now, calculating the monthly income of the annuitant comes across as a major requirement for the person opting for the scheme.