Pension Plan Retirement Options
Compare lump-sum vs. monthly pension payouts to make an informed decision.
Pension Options
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Option Comparison
Lump Sum Monthly Income (4% rule)$1,666.67
Single Life Total Value$690,000.00
Joint Survivor Total Value$686,400.00
Break-even Age97.917
Recommendation
Consider the lump sum - breakeven is beyond life expectancy