Need Advice making a choice between Pensions

I need advice making a choice between Option A pension and Option B pension:

• Background: 45 years old, single, no children
• HCOL currently but willing to relocate if necessary within the state, I live in a State that has no State Income Tax.
• Current monthly expense to live is $4K average, except to stay the same.
• Average age family members have lived: Mid 80's
• Both Pensions would start immediately and go on till death.
• I would still have to pay for health insurance out of pocket with either.
• I am still employable to work in another career.
• Option A would be tax exempt Federal (and no state tax). Option A would NOT have any COLA increase ever.
• Option B would be taxed Federal (no state tax). Option B would have a 1% COLA compounded every year, the COLA would start in 2031.
• I have calculated for 3% inflation every year for both.
• My calculations show that Option A will out perform Option B for 25 years. At that time Option B will then begin to out preform.
  
• At 25 years from now, I could start collecting my full Social Security with either choice; Option B would still out perform Option A.
• I value quality of life, experiences and relaxing in nature, not possessions and believe that no one on their death bed ever said "I wished I worked more." But I don't want to make a financially sound wrong decision that will effect me for the rest of my life and I end up regretting at age 80.

Which would you choose?

submitted by /u/WorldlinessKey9033
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