Pension: Compares user-supplied benefit quotes and start ages; does not estimate entitlement or predict lifespan.
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Pension Calculator for United States
USD · 12,345.67US customary measurementsRoad distance: miles
United States planning scenario. Amounts, prices and rates are editable examples. No verified local tax bands, exemptions, benefits or lender rules are applied. Currency amounts are not exchanged.
Switch countries to open a separate scenario. Your edits are kept while this calculator is open; use Save scenario to keep them on this device.
Your details
USD
Example only. Enter the amount or rate applicable to your situation in United States.
USD
Example only. Enter the amount or rate applicable to your situation in United States.
%
Example only. Enter the amount or rate applicable to your situation in United States.
%
Example only. Enter the amount or rate applicable to your situation in United States.
USD
Example only. Enter the amount or rate applicable to your situation in United States.
Option B minus A present value
$3,876.84
Amounts in USD · United States · editable planning estimate
Option A lifetime benefits$800,306.14
Option B lifetime benefits$865,348.90
Option A present value$523,385.36
Option B present value$527,262.19
Lump sum at comparison start$0.00
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How this result was calculated
Discount each monthly benefit to the earliest start age and compare lifetime totals and present values.
Country setup: United States. Displayed measurements are converted to the formula's base units internally.
Assumption: Compares user-supplied benefit quotes and start ages; does not estimate entitlement or predict lifespan. COLA starts after each option's first year. Excludes tax, earnings tests, spousal/survivor rules and benefit guarantees. United States planning scenario. Amounts, prices and rates are editable examples. No verified local tax bands, exemptions, benefits or lender rules are applied. Currency amounts are not exchanged.
Calculation version 1.0.0 · Support state: generic
Formula and method
Discount each monthly benefit to the earliest start age and compare lifetime totals and present values.
This calculation uses the values you enter. It runs in your browser and does not request a location or account.
Worked example
At 0% COLA and discount, 1000 monthly paid for 20 years totals 240000.
Questions people ask
Which method does this tool use?
Discount each monthly benefit to the earliest start age and compare lifetime totals and present values.
What should I check before using the result?
Compares user-supplied benefit quotes and start ages; does not estimate entitlement or predict lifespan. COLA starts after each option's first year. Excludes tax, earnings tests, spousal/survivor rules and benefit guarantees.