Episode 35 – How Should I Withdraw My Pension?
Financial Symmetry: Balancing Today with Retirement
English - June 18, 2017 10:00 - 24 minutes - 19.9 MB - ★★★★★ - 45 ratingsInvesting Business Management retirement saving financialadvisor financialplanner financialplanning investing money personalfinance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 34 – Finances and Your Family
Next Episode: Episode 36 – Money Can Buy Happiness
How you take your retirement pension can be a more consequential decision than many people realize. The debate over whether to take your pension as a lump sum or as monthly payments can be tricky.
On this episode, Chad and Michael share 5 things you should keep in mind when making decisions about your retirement pension. They cover some of the key terms you should know, and point out the importance of finding what age is the breakeven point in your calculations. Inflation is also key to factor into your decision, as well as how your pension will affect your spouse.
You can find show notes and more information by clicking here: http://bit.ly/2sBJw8f