Retirement
Pension: Lump Sum vs. Annuity
Compare a pension lump sum with the present value of lifetime monthly payments.
PrivateRuns in your browserEstimateAssumption-driven
How to read this resultShow
This projection depends heavily on return, inflation, tax, withdrawal, and life-expectancy assumptions. Use the result as a planning range, then stress-test the inputs.
This calculator primarily uses the assumptions you enter, with formulas kept in the tested finance engine. Market rates, local costs, lender rules, and personal circumstances can change the result.
Smart next steps
- Capture any employer match first, then stress-test return and inflation.
- Plan to a range and revisit as contributions or markets change.