My wife and I are currently offered a defined contribution plan and defined benefit plan through our employer. I guess my question is even though I am 10 years to making some of these decisions how should I be planning for the multiple future options (lump sum vs various annuity options). I tally the lump sum amount in my net worth calculations and really put very little additional thoughts given so much can change in the next 10 years focusing more on the accumulation phase of life maxing 403 (ROTH option), 457 and HSA as well as some traditional contributions if possible. I guess in my rudimentary thinking I tend to run my portfolio more aggressively given I have this pension probably kicking in 600K or plus lump sum. Meeting with our Accountant/Financial Planner in August just wanting to understand the best questions to ask.
Statistics: Posted by sgluek — Mon Jul 01, 2024 4:22 pm — Replies 1 — Views 225