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Annuity vs Lump Sum Calculator

Compare the present value of a lifetime annuity versus a pension lump sum

When offered a pension payout, a lump sum gives all money upfront to invest, while an annuity provides guaranteed lifetime income.

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Tip: Consider a partial annuity - convert enough to cover fixed expenses, invest the rest for flexibility and growth.

Fun Fact

For every year past average life expectancy you live, an annuity becomes significantly more valuable than an invested lump sum.

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