Retirement Planning
8 months ago
Pension lump sum vs monthly annuity - how do I decide?
115
I have a pension from 28 years at the same company. Options: $3,800/month for life (single life), $3,200/month (joint & survivor 100%), or lump sum of $680,000. I'm 62, wife is 60. We have no other debt, good savings. How do I analyze which option wins?
PE
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