Pension Calculator
Compare pension options and make informed retirement decisions.
Lump Sum or Monthly Pension?
Lump Sum Total Value$0
Pension Total Value$0
Break-even Age0
Single-life or Joint-and-survivor?
Single Life Total$0
Joint Survivor Total$0
Should You Work Longer?
Option 1: Retire Earlier
Option 2: Work Longer
Early Retirement Total$0
Work Longer Total$0
Break-even Age0
Understanding Pension Options
Key Considerations
Important factors to consider when making pension decisions:
- Financial Security:
Consider your long-term financial needs and risk tolerance
- Life Expectancy:
Factor in your health and family history
- Family Needs:
Consider spouse and dependent requirements
Decision Factors
Additional factors that may influence your choice:
- Investment Returns:
Consider potential returns on lump sum investments
- Inflation:
Impact of cost-of-living adjustments
- Work Satisfaction:
Consider job satisfaction and health factors