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Pension Value / Lump Sum Comparison Calculator

Compare the present value of a defined benefit pension vs taking a lump sum buyout offer.

Calculation Inputs

Calculation Results

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Enter inputs on the left and click Calculate to view results.

Formula & Methodology

PV = PMT × (1 − (1+r)^−n) / r

Calculates the present value of pension payments to compare against a lump sum. The better choice depends on life expectancy and investment returns.

Frequently Asked Questions

Should I take the pension or lump sum?

Pensions provide guaranteed lifetime income. Lump sums offer flexibility. Compare PV to lump sum and consider longevity risk.