Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Retirement
Pension Calculator
Calculates your estimated monthly pension benefit using your years of service, final average salary, and your plan's benefit multiplier. Use it when comparing pension payout scenarios or planning a retirement date.
Fill in the required fields to see your result.
Retirement
Pension Lump Sum vs Annuity Calculator
Compare the long-term financial value of taking a pension as a one-time lump sum versus a guaranteed monthly annuity. Use this at retirement when your employer presents both options and you need a data-driven choice.
Fill in the required fields to see your result.
Key differences
| Pension Calculator | Pension Lump Sum vs Annuity Calculator | |
|---|---|---|
| Category | Retirement | Retirement |
| Inputs required | 3 | 5 |
| Result | Monthly Pension Benefit ($) | Optimal Choice Value ($) |
| What it does | Calculates your estimated monthly pension benefit using your years of service, final average salary, and your plan's benefit multiplier. Use it when comparing pension payout scenarios or planning a retirement date. | Compare the long-term financial value of taking a pension as a one-time lump sum versus a guaranteed monthly annuity. Use this at retirement when your employer presents both options and you need a data-driven choice. |