Pension Calculator

Enter expected monthly pension payment, years of payments, and discount rate. See present value (lump sum equivalent) or use for planning.

Pension value

Enter values to calculate.

How it works

Present value of annuity: PV = Pmt × [1 − (1+r)^(−n)] / r. We use investmentEngine.presentValueAnnuityMonthly.

When to use it

Use it to compare pension to a lump sum offer or to value a pension in net worth.

Frequently asked questions

Lump sum vs pension?

Use lump-sum-vs-annuity calculator to compare taking a lump sum vs lifetime payments.

COLA?

We assume level payments. COLA would increase the value.