Pension Timing Calculator - Calculate the Best Time to Retire for Higher Pension Income

Pension Timing Calculator

Your retirement age 1:

Monthly pension income 1 ($ per month):

Your retirement age 2:

Monthly pension income 2 ($ per month):

Investment return (% per year):

Cost-of-living adjustment (% per year):

Analysis Results

Cumulative Pension Value Comparison

Detailed Annual Comparison

Monthly Breakdown Analysis

Is It Better to Retire at 60 With a $2,200 Monthly Pension, or at 65 With a $3,500 Monthly Pension?

Assuming a 5.0% annual investment return, it is financially better to retire at 65 with a $3,800 monthly pension if you expect to live until 83 or longer. If your life expectancy is shorter, retiring at 60 with a $2,500 monthly pension would be more advantageous.