Joe0401
Dryer sheet aficionado
I am 57. My pension lump sum would be $364,000 or I can get a monthly payout of $2,700. At first I thought the lump sum is the way to go. However, my calculations get that 2,700 a month is = to $32,400 per year which is about 9% a year return on the $364,000. That is way better than what I can get investing .. at least more consistent. Anyone else making this type of choice ?