The $3,000 monthly pension amounts to $36,000 per year, which is about an 8% return on the $450,000 lump sum. This guaranteed income would be stable and unaffected by market fluctuations.

Lump Sum vs. Monthly Payments A pension beneficiary who is offered $250,000 in a single payment in lieu of $2,750 monthly payments for life can start by calculating the potential cumulative value ...

One needs to know how much retirement corpus they need at retirement, how they can get it, and how much they need to invest ...

The Unified Pension Scheme (UPS) for central government employees, commencing from April 1, 2025, ensures assured pensions, family pensions, and lump sum payments based on basic pay and Dearness ...