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re: Pension or Lump Sum?

Posted on 11/13/18 at 4:29 pm to
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 11/13/18 at 4:29 pm to
quote:

gain, ask me about 85k or 90k - MUCH harder question. But, $1m over $60k/year like I said - EVERY time.

Me too, for myself, considering my spouse and no children. But I know I'm not going to feel pressured to pay for any adult children's sudden lifestyle mess & resulting divorce, my grandkids' stint in rehab, get the itch to play "generous grandparent" and buy a college senior a new car.....

Again, OP needs to be entirely honest with himself. Can he be trusted to live on the earnings alone and not keep whittling away at the principal?
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