myfire123
Confused about dryer sheets
Hi all, this is my first post here although I've been visiting this site for quite a while. I work for a big company that offers a lump sum pension payout. I'm not quite ready to retire yet, however I have been getting closer and so I do go on my companies corporate website every month to see what my lump sum pension payout amount would be if I did choose to go. So I looked at my lump sum amount a couple of days ago and apparently the rising GATT rate is theoretically giving me a $45,000 drop in lump sum payout if I were to retire next month VS this month. This amount is like 6% or 7% of my lump sum and sure seems like an excessive amount of money to disappear into the ether just because of a quarter point rise in interest rates! Let me also add that this is the second time within a year that I'm seeing my lump sum amount drop by more than $40k. DAMN! I'm wondering if if any of you smart FIRE people can tell me if there is any way for a person to protect against this? Can you maybe invest in something in or out of your 401k (ETF, options, futures, binary options) to counterbalance the lump sum $$ drop caused by GATT rate rises ? Maybe insurance companies should sell GATT rate insurance for people who have lump sum pensions available to them! Thanks in advance for any ideas.
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