Superannuation equivalent pension 'pot'

ATC110

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Does anyone know of an online calculator that will show the equivalent pension pot required to provide the same benefits as a superannuation scheme?

Example of superannuation scheme:

Tax-free lump sum payable on retirement = €68,674.08
Annual pension = €13,040.85

For comparison purposes, Is it correct to base a fund valuation on an annual drawdown equivalent of 5%?

If so the above-mentioned benefits would have an equivalent fund value of €329,491.08 ( €13,040.85 / 5% = €260,817 plus €68,674.08)

Should a valuation allowance be made for the tax-free status of the lump sum considering the annual pension would be taxable?

Would be grateful for any comments.
 
Yeah in rough terms your on the right track, that is basing an annuity rate on the market today being 5%, they are a good bit off this at present, more like 4%....depends on whether your predicting these figures for the future or are they current??
 
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