bpgdeg1234
Recycles dryer sheets
- Joined
- May 7, 2011
- Messages
- 119
Thanking you all in advance once again as this is part 2 of earlier post from a few weeks back of "Take Pension Now or Defer and Continue Roth Conversions for 5 years". Based on prior perspectives and iOrp/Retiree Calculator results we will be taking our pension now and doing Roth conversions into the 24% tax bracket for the next 4 years.
Now though we have several pension options of consideration:
Lump Sum $1,153K
Life Only $5,401/month
50% J&S $5,027/month
75% J&S $4,858/month
100% J&S $4,701/month
As a reminder I recently turned 60 and DW 57. Also, we have a smaller pension of $1,646/month that I was required to take at 55 which I chose 50% J&S option. Truly appreciate any perspectives on which option to choose.
Thanks
Now though we have several pension options of consideration:
Lump Sum $1,153K
Life Only $5,401/month
50% J&S $5,027/month
75% J&S $4,858/month
100% J&S $4,701/month
As a reminder I recently turned 60 and DW 57. Also, we have a smaller pension of $1,646/month that I was required to take at 55 which I chose 50% J&S option. Truly appreciate any perspectives on which option to choose.
Thanks
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