How to Value a Pension in Your Net Worth: A Comprehensive Guide
How to Determine the Value of Your Pension for Your Wealth Understanding the value of your pension is essential for financial planning. Here’s a comprehensive guide to help you: Steps to Value Your Pension: Calculate Monthly Income: Determine your monthly pension income upon retirement. Convert to Lump Sum: If permitted, convert your monthly payments into a lump sum. Calculate Net Present Value: Use a financial calculator to calculate the current value of your lump sum, considering interest rates and inflation....