Pension Calculator - Monthly Payment | Financial Calculator

Free pension calculator to estimate monthly or annual payouts from your retirement fund. Supports principal preservation mode and variable return rates.

How to Use

  1. Total Assets — Enter your current total investable assets
  2. Annual Return Rate — Enter your expected average annual return rate (%)
  3. Withdrawal Period — Enter the number of years or months you plan to withdraw
  4. Preserve Principal — Check to calculate income from interest only, keeping principal intact
  5. Calculate — Click Calculate to instantly see monthly and annual payment amounts

FAQ

Is the pension payout subject to tax?

This calculator shows pre-tax amounts. Actual tax treatment varies by product type. Personal pension accounts may be subject to income tax on withdrawals.

How does the Preserve Principal option work?

Only interest earnings are withdrawn while the principal remains intact permanently — ideal for long-term wealth preservation in retirement.

What annual return rate should I use?

For conservative portfolios (bonds/savings), use 1–3%. For balanced stock-bond portfolios, 4–6% is typical. Consider subtracting inflation to get your real return.