Pension Options – Payout Or Payments (Apr 22, 2016)

Retirement is an exciting time, full of choices to make and plans for the future. If you’re entitled to a pension, you’re fortunate. You also have more financial decisions to navigate. It’s time to decide if you should take your pension as a monthly payment, as a lump sum rollover, to elect survivor benefits, and more. These are irrevocable decisions, so it’s important to make the right one for you and your loved ones. While everyone’s retirement circumstances and objectives are unique, there are some common considerations that can help you to evaluate what’s the best option for you.

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The Transition Into Retirement (Feb 24, 2012)

Are you ready to retire? The question is actually more complicated than it first appears, because it demands consideration on two levels. First, there’s the emotional component: Are you ready to enter a new phase of life? Do you have a plan for what you would like to accomplish or do in retirement? Have you thought through both the good and bad aspects of transitioning into retirement? Second, there’s the financial component: Can you afford to retire? Will your finances support the retirement lifestyle that you want? Do you have a retirement income plan in place?

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