COLA versus Fixed Pension Calculator

Latest
QR Code Generator Wealth Percentile 2020 Our 2020 Estate Plan Saga Federal FERS Retirement w/ SRS 2017 Tax Bill Deductibility Taxable Social Security Benefits College/University Endowments 2018 Middle Class Income Hubbard Refinancing Proposal Cat Age Calculator Local Retail vs. Online Purchasing Body Mass Index/Basal Metabolic Rate Discretionary Income Calc Cholesterol Ratio 2013 version
Views
Personal Finance Myths Hugh's Economic Plan Die Without a Will How much house to buy Financial Common Sense Pre-Paying vs. Investing Where I Buy Stuff Online
Loans
Formula/Algorithm Formula Derivation FICO/LTV Calculator What's Missing? Generic Loan Amortization Loan Schedule PDF Generator Loan Rate Comparison / Refinancing HELOC Cost Calculator Payoff vs. Borrow Blended Rate Calculator Prepayment Mortgage Reduction Payment per $1000 borrowed Rule of 78 Loan Calc Simple Loan Payment Calc Loan Amortization Schedule Loan Schedule on a Spreadsheet
Retirement
Federal FERS Retirement with SRS Asset to Salary Ratio Get Back to 2007 Is Your Retirement on Track Fixed vs. COLA Pension FV/Annuity Estimation Retire w/ SocSec & Pension Retirement Payout Duration IRA Withdrawal
Saving/Investing
Simple Savings calc Stock Dividend DRIP calc Savings/Wealth Comparison 2006 Booze/Beverage Savings Gas Guzzling Calc Real Wage you earn Stop Drinking Coffee
Taxes
Tax Deductibility Calc Estate Tax Calculator AMT (Alternative Minimum) Calc Minimum IRA Distributions Minimum Inherited IRA Distributions
Stats/Numbers
Cholesterol Ratios College/University Endowments 2015 Middle Class Income Calc Income/Wealth Percentile (2010) Household Income Percentile (2007) Wealth/Savings Comparison (2006) Stanley Wealth Equation Hourly/Weekly/Monthly Income Calc Average/Cumulative Return Calc College Tuition Cost Calc BMI/BMR Calorie Calc Feline to Human Age Calc
Games
Game of War: Fire Age Distances JUMBLE Word Guesser Spanish JUMBLE Guesser French JUMBLE Guesser Math Product Grid Game Multiplication BINGO Secure Password Generator Secure Password Generator #2
...More
Home (Main List) Who Is Hugh? Free Church Plays Get My Code Get My Advice

Compare fixed pension to one with COLA (cost of living adjustment)

Note that this simplified calculator does not take into account the fact that the money you receive earlier has a higher "value" than the same dollar amount received years later. But if you spend all you receive, that does not make much difference anyway! The COLA amounts turn green once they surpass their fixed pension couterparts. This should help you gauge how long you need to live for the COLA payments to be worth it over a fixed pension.

Year	FIXED PENSION		COLA PENSION
	Monthly Amount:		Monthly Amount: Annual Increase:%
	Annual Pension	Total Paid	Annual Pension	Total Paid
1	0.00	0.00	0.00	0.00
2	0.00	0.00	0.00	0.00
3	0.00	0.00	0.00	0.00
4	0.00	0.00	0.00	0.00
5	0.00	0.00	0.00	0.00
6	0.00	0.00	0.00	0.00
7	0.00	0.00	0.00	0.00
8	0.00	0.00	0.00	0.00
9	0.00	0.00	0.00	0.00
10	0.00	0.00	0.00	0.00
11	0.00	0.00	0.00	0.00
12	0.00	0.00	0.00	0.00
13	0.00	0.00	0.00	0.00
14	0.00	0.00	0.00	0.00
15	0.00	0.00	0.00	0.00
16	0.00	0.00	0.00	0.00
17	0.00	0.00	0.00	0.00
18	0.00	0.00	0.00	0.00
19	0.00	0.00	0.00	0.00
20	0.00	0.00	0.00	0.00
21	0.00	0.00	0.00	0.00
22	0.00	0.00	0.00	0.00
23	0.00	0.00	0.00	0.00
24	0.00	0.00	0.00	0.00
25	0.00	0.00	0.00	0.00
26	0.00	0.00	0.00	0.00
27	0.00	0.00	0.00	0.00
28	0.00	0.00	0.00	0.00
29	0.00	0.00	0.00	0.00
30	0.00	0.00	0.00	0.00
31	0.00	0.00	0.00	0.00
32	0.00	0.00	0.00	0.00
33	0.00	0.00	0.00	0.00
34	0.00	0.00	0.00	0.00
35	0.00	0.00	0.00	0.00
36	0.00	0.00	0.00	0.00
37	0.00	0.00	0.00	0.00
38	0.00	0.00	0.00	0.00
39	0.00	0.00	0.00	0.00
40	0.00	0.00	0.00	0.00

Back to Calculators