Pension Calculator

Lump Sum Payout or Monthly Pension Income?

Compare taking a lump sum payment versus receiving monthly pension payments. This calculator helps you determine which option might be more beneficial based on your investment return expectations and cost-of-living adjustments.

Your retirement age

Option 1: Lump Sum Payment

Lump sum payment amount ($)

Your investment return (%)

Expected annual return on your investments if you take the lump sum

Option 2: Monthly Pension Payment

Monthly pension income ($)

Cost-of-living adjustment (%)

Annual increase in pension payments to account for inflation