The cash value of a pension is the same as an annuity that would pay out the same monthly benefit. I use an online calculator like this: https://hughcalc.org/rdur.cgi
where desired years of payout is the approx years of life expectancy, interest rate is the current treasury rate that corresponds to years of payout, and inflation is the annual COLA rate on the pension. Keep playing with the account balance until the monthly payment matches your monthly pension amount.
where desired years of payout is the approx years of life expectancy, interest rate is the current treasury rate that corresponds to years of payout, and inflation is the annual COLA rate on the pension. Keep playing with the account balance until the monthly payment matches your monthly pension amount.
Statistics: Posted by baconavocado — Sun Jul 21, 2024 12:46 pm — Replies 17 — Views 876