Pension Plan Retirement Options

Compare lump-sum vs. monthly pension payouts to make an informed decision.

  • Methods explained
  • Save scenarios
  • Compare saved scenarios
  • Household prefill

Pension Options

$
$
$
%

Option Comparison

Lump Sum Monthly Income (4% rule)$1,667
Single Life Total Value$990,000
Joint Survivor Total Value$871,200
Break-even Age97.917

Recommendation

Consider the lump sum - breakeven is beyond life expectancy

How it works›

Model and assumptions. Estimates pension income from the entered compensation, service, accrual and reduction or survivor assumptions. Plan formulas and early-retirement factors vary. The estimate does not guarantee a benefit or price an insurer’s contract.IRS Publication 575