Pension Calculator
Calculate the monthly pension you can receive from a lump-sum investment.
Parameters
Total Interest Earned
0
Total Payout
0
Monthly Pension
0
Payout Projection
Projected balance of your investment over 20 years.
Payout Amortization
A year-wise breakdown of your pension plan.
About Pension Calculator
A pension plan (or annuity) is a financial product that provides a stream of regular payments in exchange for a lump-sum investment. This calculator helps you determine the fixed monthly pension you can receive from your investment over a specified period. It is an essential tool for retirement planning, allowing you to see how your savings can be converted into a reliable source of income to cover your living expenses.
Monthly Payout = P * [r(1+r)^n] / [(1+r)^n - 1]
- P: Principal (Total Investment)
- r: Monthly Interest Rate (Annual Rate / 12)
- n: Number of Months (Payout Period in Years × 12)