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Both calculators run independently — change the inputs on either side to compare results.

Retirement Tax Calculator

Estimate the federal income tax owed on your retirement income from 401(k) withdrawals, pensions, Social Security, and other sources. Helpful when projecting after-tax retirement cash flow.

Traditional 401(k)/IRA Withdrawals ($)

Social Security Benefits ($)

Pension Income ($)

Other Taxable Income ($)

Filing Status

Fill in the required fields to see your result.

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.

Monthly Pension Payment ($)

Lump Sum Offer ($)

Current Age (years)

Life Expectancy (years)

Expected Investment Return (%)

Pension Type

Fill in the required fields to see your result.

Key differences

	Retirement Tax Calculator	Pension vs Lump Sum Calculator
Category	Retirement	Retirement
Inputs required	5	6
Result	Estimated Annual Federal Tax ($)	Pension Advantage Over Lump Sum ($)
What it does	Estimate the federal income tax owed on your retirement income from 401(k) withdrawals, pensions, Social Security, and other sources. Helpful when projecting after-tax retirement cash flow.	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.