#pension-decisions

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#financial-planning
Retirement
from24/7 Wall St.
4 months ago

Reaction: My old job had a pension and they offered me to cash out for $24k or get $100 per month for life - which should I choose?

Cashing out a pension for a lump sum may not always be financially wise, especially at a younger age.
Understanding break-even points and long-term financial goals is vital when deciding on pension payouts.
Retirement
from24/7 Wall St.
4 months ago

Reaction: My old job had a pension and they offered me to cash out for $24k or get $100 per month for life - which should I choose?

Cashing out a pension for a lump sum may not always be financially wise, especially at a younger age.
Understanding break-even points and long-term financial goals is vital when deciding on pension payouts.
more#financial-planning
Retirement
fromBusiness Insider
1 month ago

I'm 88, still working, and live with my stepdaughter. I lost most of the half million I saved, but I still feel fulfilled.

Barbara Ann Patton reflects on her regrets regarding retirement decisions, highlighting the challenges faced by older Americans with minimal savings.
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