if your pension is $1000/month,..
if you retire at age 65, you can get pension $1000 per month for life. or you can take it out lump sum over a 5 year period. Assume you live up to age 85. how much you will you get if you choose to have lump sum?
if you retire at age 65, you can get pension $1000 per month for life. or you can take it out lump sum over a 5 year period. Assume you live up to age 85. how much you will you get if you choose to have lump sum?