Help with decision

[ugeauxgirl]

Thanks

 

[Sunset]

I'm kind of a control freak about wanting to be able to get my hands on my money if I need to. I don't know how old you are, but I wouldn't feel comfortable with $100 K emergency cash for all of my retirement, even if all of my expenses are covered. The rate is good though- I would consider taking at least a portion in cash and roll it into your IRA.

OP said his pension covers his expenses, and this would add an extra $24,000 per year to his pension.

So there would be surplus of cash that should build up over the years for emergencies, even when he spent some of that extra cash flow each year. So really his savings would increase each year.