Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Retirement
Pension vs Lump Sum Calculator
Compare the total lifetime value of monthly pension payments against investing a one-time lump sum payout. Use it when your employer or pension plan offers both options at retirement.
Fill in the required fields to see your result.
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.
Key differences
| Pension vs Lump Sum Calculator | Pension Calculator | |
|---|---|---|
| Category | Retirement | Retirement |
| Inputs required | 6 | 3 |
| Result | Pension Advantage Over Lump Sum ($) | Monthly Pension Benefit ($) |
| What it does | Compare the total lifetime value of monthly pension payments against investing a one-time lump sum payout. Use it when your employer or pension plan offers both options at retirement. | 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. |