Enter your lump sum offer and monthly pension — see your break-even age, net present value comparison, and which option wins under 6 real-world scenarios.
Compare both options side-by-side. Adjust return rate and life expectancy to see which wins for you.
You're in good health and expect to live past 85. The longer you live, the more cumulative payments you receive.
You have no other guaranteed income. The certainty of a fixed monthly payment reduces sequence-of-returns risk.
You're a conservative investor. Monthly pension outperforms a lump sum invested at low rates of return.
You have significant health concerns or a family history of shorter lifespan. Dying early means fewer monthly payments received.
You want to leave an inheritance. A lump sum invested generates an estate; monthly payments stop at death.
You're a confident investor expecting 7%+ returns. Invested well, the lump sum can generate more lifetime income than the fixed monthly.