C
Cut-Throat
Guest
I have a very small pension (Non-Cola) available to me this year. And have just received the 'numbers' on this deal. By small I mean it may pay to Upgrade from Yellowtail To Pillar Box Red
What would you opt for?
1.) Choice 1 - $103.05 a month starting at age 55 for Life.
2.) Choice 2 - $205.14 a month starting at age 65 for Life.
3.) Choice 3 - $99.52 a month starting at age 55 for life plus a lump sum of $652.87
4.) Choice 4 - $197.92 a month starting at age 65 for life plus a lump sum of $1069.78
I've run some number briefly and it looks like you've have to hit about Age 92 or so to make out delaying. My inclination is to take Option 1 and Park it in Cash.
There are always some interesting opinions here and I'd like to hear what you would do?
What would you opt for?
1.) Choice 1 - $103.05 a month starting at age 55 for Life.
2.) Choice 2 - $205.14 a month starting at age 65 for Life.
3.) Choice 3 - $99.52 a month starting at age 55 for life plus a lump sum of $652.87
4.) Choice 4 - $197.92 a month starting at age 65 for life plus a lump sum of $1069.78
I've run some number briefly and it looks like you've have to hit about Age 92 or so to make out delaying. My inclination is to take Option 1 and Park it in Cash.
There are always some interesting opinions here and I'd like to hear what you would do?