I NEED HELP WITH THIS HOMEWORK GUYS, ANYONE PLEASE HELP ME.. I WILL REALLY APPRECIATE IT, SHOULDT TAKE LONG I JUST DONT HAVE TIME..

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1. To get started, read Annuities Explained and A Comprehensive Guide to Annuities and Annuity Investing under Annuities 101.

2. What type of annuity is best for you? Click on the What is the Best Annuity? link under Annuities 101.

3. For many individuals who wish to save for retirement, the choice is between retirement annuities and certificates of deposit (CDs). What are the three major advantages of annuities over CDs? (see Annuities vs. CDs under Annuities 101)

4. Several interesting articles are posted under the Articles link on the home page. Use the Articles link to find the following readings.

a. What issues are important for an individual who is planning his/her estate? (click on the 10 Estate Planning Success Tips under Estate Planning) b. What are some common retirement planning mistakes? See 10 Retirement Planning Mistakes and How to Avoid Them, under Retirement Planning. c. Some frequently asked questions about Individual Retirement Accounts (IRAs) are asked and answered in the article Q and A on IRAs under Retirement Planning. d. What is a reverse mortgage? How can a reverse mortgage help retirees? See Home-Equity-Reverse Mortgage Loans under Real Estate.

5. Use the Calculators link at the top of the page to perform the following calculations.

a. How much would you have to save annually to accumulate $500,000 for retirement? Assume that you will save an equal annual amount over 30 years and that your savings will earn 6 percent interest. Further assume that your interest income is taxable each year at a rate of 25 percent. See How Much Should I Save to Reach my Goal? and input the above data. b. If you have accumulated $250,000 for retirement and plan to withdraw $3,000 per month, how long will your money last? Assume your savings will earn 4 percent interest and investment income is taxable at a rate of 25 percent. See How Long Will my Money Last? and input the above data. c. Annuities provide tax-deferred savings, while most other savings options result in currently taxable investment income. Does this tax treatment really make a difference over time? Go to What are the Tax Advantages of an Annuity? Assume no initial balance, $5,000 saved annually, 8 percent interest, and a 25 percent tax rate before and after retirement. You may want to view the graph and data table.