Estimate your defined-benefit pension income based on years of service, salary, and cost-of-living adjustments.
Annual Pension Benefit
$36,000.00
Monthly Pension Benefit
$3,000.00
Lifetime Value
$874,705.31
Over 20 years of retirement (age 65 to 85) with 2% COLA
Total Retirement Value
$974,705.31
Pension + $100,000 in savings
Lump Sum Equivalent
$527,954.47
At 5% discount rate