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Pension vs. Lump Sum Calculator

See how many years it takes for the pension to “pay back” the lump sum, and how your life expectancy affects the choice.

Understanding the Choice

Compare the present value of annual end-of-year pension payments with a lump sum available at your current age. Both alternatives use one valuation date and discount rate. Nominal payments are not compared with a compounded investment balance.

A first modeled crossover does not guarantee permanent superiority. Taxes, survivor benefits, longevity uncertainty, investment risk and legacy assets require separate review.

Your Numbers

Monthly Pension ($)
Before tax; single-life or joint-life amount
Lump Sum Offered ($)
One-time amount if you give up the pension
Your Current Age
Age when pension or lump sum starts
Annual Discount Rate (%)
Rate used to value pension payments at your current age
Plan To Age (Life Expectancy)
Used to show total received by end of plan

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RonBelisle.com — educational planning illustration. Review the displayed inputs, timing, assumptions and supported statutory scope. Results are estimates, not guaranteed outcomes or personalized advice. Retain scenario inputs with this printout.