Should I Take My Pension Early?

Compare the benefits of early vs. delayed pension payments.

Pension Options

Normal Retirement Monthly Benefit

$

Early Retirement Age

Normal Retirement Age

Reduction Per Year Early

%

Life Expectancy

Early vs Normal Comparison

Early Monthly Benefit$1,740.00

Reduction Percent42.0%

Early Retirement Lifetime Value$605,520.00

Normal Retirement Lifetime Value$792,000.00

Break-even Age75

Recommendation

Waiting for the full pension may be better