Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Retirement
Pension vs Lump Sum Calculator
Compare whether a monthly pension annuity or a one-time lump sum payout is worth more in today's dollars. Use this at retirement when your employer offers both options.
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 | Better Choice Present Value ($) | Monthly Pension Benefit ($) |
| What it does | Compare whether a monthly pension annuity or a one-time lump sum payout is worth more in today's dollars. Use this at retirement when your employer offers both options. | 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. |