Hi,
I have looked through the many excellent discussions on pensions vs lump sum. Understanding that each situation is likely unique, as a general rule though, if the pension has no COLA does the lump sum come out as the likely preferred option? (Adding on top the ability to leave any remaining lump sum balance to dependents if that is an objective).
I have also read about pension income ratios and internal rates of return. If one or both are less than "expected" market returns, does it again tip the better choice to be a lump sum?
Thanks for any general insights.
I have looked through the many excellent discussions on pensions vs lump sum. Understanding that each situation is likely unique, as a general rule though, if the pension has no COLA does the lump sum come out as the likely preferred option? (Adding on top the ability to leave any remaining lump sum balance to dependents if that is an objective).
I have also read about pension income ratios and internal rates of return. If one or both are less than "expected" market returns, does it again tip the better choice to be a lump sum?
Thanks for any general insights.
Statistics: Posted by a32Jun1966 — Thu May 09, 2024 7:36 pm — Replies 1 — Views 133