GlobalRPh Retirement Tools Server-side PHP engine

Pension Value and Retirement Income Estimator

Estimate the current portfolio-equivalent value, value when payments begin, pension multiple, survivor value, and future purchasing power of a pension using embedded 2026 assumptions.

Assumptions last updated August 2, 2026. All financial calculations are performed on the server in PHP.

Pension and timing

Enter the expected first-year amount when payments begin.
Any whole number of years from 0 through 60.

Use the pension amount already projected for the selected start date. This version does not calculate additional benefit accrual from future salary or service.

Joint-and-survivor details

These fields are used only when “Joint and survivor” is selected. Survivor payments are modeled only after the primary beneficiary reaches the pension start date. Separate pre-retirement death benefits, pop-up provisions, and period-certain guarantees are not included.

Cost-of-living adjustment

Used only for a fixed annual COLA.
Used only for projected CPI with a cap.
Reset

The form submits to this PHP page. JavaScript is not required to perform the valuation.

Estimated portfolio-equivalent value today

A rough planning estimate, not a pension plan lump-sum quote.

$461,326

Discount-rate sensitivity range: $418,289 to $510,389.

Equivalent value when payments begin $613,687
Current-value pension multiple 9.2×
Pension start age 65
First-year annual pension $50,000

$50,000 per year ($4,166.67 per month) beginning in 5 years, valued with a single life form and no cola; level nominal benefit, produces an estimated current value of $461,326. The retirement-date amount is higher because it is measured at commencement and is conditional on the pension beginning.

Projected pension and purchasing power

Timing Primary annual pension Approximate value in 2026 dollars
When payments begin (age 65) $50,000 $44,288
10 years after start (age 75) $50,000 $34,937
20 years after start (age 85) $50,000 $27,560
30 years after start (age 95) $50,000 $21,741

The primary pension column applies while the primary beneficiary is alive.

Mortality-weighted cumulative payments after pension commencement

Period after payments begin Primary age Expected cumulative nominal payments
First 10.0 years 75 $471,667
First 20.0 years 85 $837,151
First 30.0 years 95 $999,269

These expected amounts are conditional on pension commencement and use the selected mortality and survivor assumptions.

Calculation assumptions used
  • Entered amount: $50,000 per year; normalized to $50,000 for the first pension year.
  • Primary: current age 60; start age 65; Male mortality basis.
  • Payment form: Single life.
  • Benefit adjustment: No COLA; level nominal benefit.
  • Estimated primary probability of surviving to commencement under the selected table: 97.0%.
  • Discount basis: embedded U.S. Treasury maturity curve dated July 31, 2026; rates are interpolated and the 30-year rate is held level beyond 30 years.
  • Inflation basis for purchasing-power projections: 2.62% for 2026, 2.46% for 2027, and 2.40% annually thereafter.
  • Sensitivity values use the embedded curve plus or minus 0.75 percentage point.
  • Base present value today: $461,326; base value at commencement: $613,687.
  • Calculation engine: server-side PHP; no client-side financial calculation is performed.
Methodology and important limitations

The estimate values monthly expected pension payments using embedded 2026 mortality rates, a maturity-matched Treasury-rate proxy, and the selected COLA. The retirement-date value assumes the primary beneficiary is alive when payments begin; for joint benefits, both people are assumed alive at commencement. The current value reflects survival to the selected start date.

The displayed sensitivity range is created by shifting the embedded discount curve 0.75 percentage point higher and lower. It is not a confidence interval and does not capture every source of uncertainty.

  • Results do not represent an actual cash-out offer, actuarial certification, annuity purchase quote, or guarantee.
  • Taxes, plan funding status, insurer or employer credit risk, PBGC limits, fees, and state-specific rules are not modeled.
  • Early-retirement reductions, delayed-retirement credits, temporary bridge benefits, period-certain guarantees, and pop-up provisions are not modeled.
  • Actual plan documents and a qualified financial or actuarial professional should be used for major retirement decisions.