re: Pension Lump sum question

quote:

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3.25%

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Let’s assume your mortgage balance is around $130,000. - at 3.25%, you’re going to pay about $40,000 in interest over the next 17 years.

You’re probably going to pay even more than that in taxes on the lump sum withdrawal, not even considering the current risk free rate environment.

Also, given your other balances, it’s highly likely you’ll be able to withdraw your retirement assets at minimal to possibly 0% tax rates with proper planning, so for that reason, among many others, this is a bad idea.