Moneygrubber
Recycles dryer sheets
- Joined
- Oct 16, 2011
- Messages
- 156
I plan on ER ing at 53 in the Fal, my dilemma is Ls vs annuity for my pension. My lump would be 364k or 1848 per month with 100% survivor for the wife. We are from a long lived family. I have a large taxable portfolio and do not need the annuity income to survive. My tbinking us to invest the ls for 10 years and then take 4% withdrawals and maintain the principal. Fidelity's RIP shows 4.1 mil remaining with lump vs 5.1 mil left with annuity at end of plan with 90% success rate. No kids, no need to worry about legacy issues. Seems lump sum is the way to go but still agonize over the choice. Thoughts appreciated.