Personal Pension Payout Calculator

Estimate personal pension payout value after withdrawals, tax drag, fees, return, and longevity stress.

Personal pension payout calculator

Estimate Korean pension savings, IRP, or pension insurance accumulation and payout after age 55 using fixed-period, fixed-amount, or lifetime payout methods.

Final balance

₩202,902,243

Monthly payout before tax

₩1,024,710

Monthly payout after tax

₩968,351

Total tax paid

₩12,849,864

Return ratio

194.2%

Comprehensive-tax warning

Yes

Uses calculatePersonalPensionPayout with Korean pension savings, IRP, pension insurance, age-55 start rule, age-based pension income tax, payout schedule, and comprehensive-tax warnings. This English finance calculator calls the same Korean pure calculation module as the Korean page. KRW, Korean statutory thresholds, tax rates, and product rules are preserved instead of the old generic percentage stub.

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Personal pension payout guide

This English guide translates the Korean personal pension payout calculator. The calculator calls calculatePersonalPensionPayout for pension savings fund, IRP, and pension insurance scenarios.

Accumulation before payout

The Korean model accumulates existing balance, monthly contribution, contribution years, expected return, and annual increase rate until payout start age. The result reports total contribution, investment gain, final balance, and accumulation years.

Products such as pension savings fund, IRP, and pension insurance can have different investment choices and withdrawal rules, but the calculator keeps them in one framework so payout can be compared consistently.

Payout methods and age rule

The page supports fixed-period, fixed-amount, and lifetime payout methods. It also keeps age 55 as the minimum practical pension start age in the Korean private pension context.

Monthly payout before tax, monthly payout after tax, total payout before tax, total payout after tax, and total tax paid are shown separately. This is more useful than a single annual return figure.

Pension income tax and warnings

The Korean payout model uses age-based pension income tax rates such as 3.3%, 4.4%, and 5.5%, depending on payout age and product assumptions. The exact rate can change by payout type and future law.

The calculator also flags a comprehensive tax warning when annual pension income can cross a threshold. A high monthly withdrawal can look attractive but create tax concentration, so the payout schedule should be read year by year.