Originally Posted by
BoilerUP
It is a ballpark place to start without consideration of RMDs or average annual returns post-retirement.
If anything, one would need more than $3.25M to equal a $130k/year defined benefit...
$2.25M will give you just under $130k per year for 25 years if you assume 3% growth. You may want to assume different growth and longevity factors, but you have to include something. A pension doesn’t give you both income and then turn over the principal to your estate when you die.