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re: Pension or Lump Sum?
Posted on 11/13/18 at 4:27 pm to Enadious
Posted on 11/13/18 at 4:27 pm to Enadious
quote:
What if the market corrects a year after I retire? What if it stagnates for 6 years? What's a 'wise' investment?
Well, then you can never retire because that is always a risk.
Why not manage the risks you can manage? And I can manage the risk of my own money. A life pension (while very generous) is like someone paying you "rent" for your being alive. Like some allowance from a father-figure.
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