Evaluate my company pension payout options

When you reach retirement, and if your company provides a pension program, you will be offered a number of payout options. Typically, they will be the Single Life and the Joint Survivor payout options. Single Life pays a higher monthly amount but stops paying once you die, whereas, the Joint Survivor will pay a lower monthly amount but will continue until both you and your spouse are deceased. This calculator will help evaluate total payout amounts under both scenarios given specified life expectancies.
Personal Information
Client Name  
Advisor Name  
Payout Options And Assumptions
Single Life pension amount (monthly) ($) 
Joint Survivor pension amount (monthly) ($) 
Annual cost-of-living increase (%)help
Your current age 
Your spouse's current age 
Your anticipated retirement age 
Your anticipated life expectancy age 
Your spouse's anticipated life expectancy 

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

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