Recent content by Vetralaivas

Regarding the lump sum vs annuity: As I mentioned, there would be complications if I were to select the annuity option. I am a trustee of the plan and work closely with our plan administrator. Although frozen for the past couple of years, the plan is well funded. The decision to terminate the...

My wife and I are both 56 and hope to somehow achieve the dream of a modest and secure early retirement. Together we currently earn about $170K annually. My wife, a teacher, will be retiring in about 4 years with an annual pension of about $60K. Due to the structure of the teachers retirement...