If you are having a difficult time deciding whether or not it makes sense to have a survivor's pension (widow's pension) for your spouse, you can use our free calculator below to help you choose.
You can also see what your life insurance payout needs to be in order to protect your spouse if she does not receive a joint pension from you.
Note that this free calculator is merely a quick estimate. If you want to enter your full financial situation and get the most accurate results possible, sign up for a 14 day free trial of the WealthTrace Financial & Retirement Planner. You can then run scenarios on your pension and retirement situation to help you accurately determine the best choice.