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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A very rough estimate:  your annual pension at age 58 is $78K.  The present value of a $1 annuity at that age is somewhere around 20.  So, at age 58, the value will be $78K x 20 =$1.56M.  Discounts it back 17 years to now, at 4%, it’s about $800K.

An actuary.[/quote]
There is no guarantee you will make it to 78 years of age. Why are you trying to value this when tomorrow is not promised. It's not like a 401 or IRA that is inheritable. [/quote]

So many haters lol[/quote]
Not a hater. Just stating facts. A person can live to the ripe old age of 99 and collect a pension for thirty-five years. Or an otherwise relatively healthy person can retire at 62 and have a massive heart attack and drop dead at 63, which is considered young for death. One year of pension received. Not a hater, just someone with personal experience and no that it is a wonderful benefit that cannot be inherited in whole. That is why it should not be calculated for 20 year future value. If you live to see old age, a pension is gravy. [/quote]

Please stop. You are just displaying your ignorance. Everyone understands that there is uncertainty and that you may live till 100 or die before your pension. But just because there is uncertainty doesn’t mean that you can’t put a value on something. Insurance companies do this every day when they sell annuities, hence this actuary is actually answering the question.[/quote]

Different poster here.  The question is WHY put a value on it?  For what purpose, exactly?  You don't put a value on it for retirement planning except as an income stream, and a bank won't count it in any other way when considering you for a loan, etc.  And it won't qualify you as a high net worth individual for investment purposes, etc.  So WHY do you need to put a value on it other than to make yourself feel better?[/quote]

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