Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
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.
Retirement
Retirement Income Calculator
Estimates the annual income you'll need in retirement by adjusting your current income for a chosen replacement rate and projected inflation over the years until you retire. Use it when setting a savings target or stress-testing retirement plans.
Fill in the required fields to see your result.
Key differences
| Pension Lump Sum vs Annuity Calculator | Retirement Income Calculator | |
|---|---|---|
| Category | Retirement | Retirement |
| Inputs required | 5 | 4 |
| Result | Optimal Choice Value ($) | Annual Income Needed in Retirement ($) |
| What it does | 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. | Estimates the annual income you'll need in retirement by adjusting your current income for a chosen replacement rate and projected inflation over the years until you retire. Use it when setting a savings target or stress-testing retirement plans. |