Our Qualified Longevity Annuity Contract (QLAC) calculator helps you estimate the income you can receive from a QLAC investment for your retirement planning.

## QLAC Calculator

### How to Use the QLAC Calculator

To use the QLAC calculator:

- Enter the premium you will be paying.
- Enter your current age.
- Enter the number of years you wish to defer your annuity payments.
- Click the “Calculate” button to determine your annuity income.

### How It Calculates Results

The calculator uses a simplified formula to estimate the annuity income from a qualified longevity annuity contract (QLAC). It assumes a constant interest rate and does not take into account actual actuarial factors, such as mortality or gender.

Result = (Premium * (1 + Interest Rate)^Defer Years) / (Expected Payout Duration)

Where the expected payout duration is a simplified 25 years minus the current age of the annuitant.

### Limitations of the Calculator

This calculator provides a basic estimation and is for illustrative purposes only. It does not account for various elements that impact actual QLAC calculations such as:

- Different interest rates.
- Actual life expectancy based on mortality tables.
- Gender differences in life expectancy.
- Changes to annuity premiums over time.
- Regulatory and tax implications.

For a more accurate determination, consider consulting with a financial advisor or an insurance provider specializing in annuities.