Immediate Annuity Rates

Depends if the client is looking for an income stream off that money or if she's willing to lock it up in 1-2yr CDs at the bank.. I guess without the overall picture of what she's trying to do, we don't know how to proceed.
 
Anyone have a link to a calculator that will calculate the IRR on a fixed period SPIA?

IRR Calculator allows user to measure the Internal Rate of Return (IRR) or Economic rate of return (ERR) at which the Net Present Value becomes zero. It is that rate of interest that makes the sum of all cash flows zero, and is useful to compare one investment to another.

acalculator.com/internal-rate-of-return-irr-calculator.html
 
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