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Latest Discussions»Culture Forums»Personal Finance and Investing»Question about collecting...»Reply #13
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Personal Finance and Investing

In reply to the discussion: Question about collecting a pension or taking a lump sum [View all]

bif

(23,980 posts)
13. I cashed in mine for about 20k and...
Reply to yellowdogintexas (Reply #12)
Sun Dec 11, 2022, 03:17 PM
Dec 2022

Put it all into stocks. I'm embarrassed to say how much I turned it into.

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Question about collecting a pension or taking a lump sum [View all] bif Dec 2022 OP
This message was self-deleted by its author snowybirdie Dec 2022 #1
You can get snowybirdie Dec 2022 #2
KYN--Kayne Anderson is paying over 9% bif Dec 2022 #7
How much of that KYN 9% includes return of principal? It doesn't look so great at Morningstar progree Dec 2022 #11
I faced the same decision. My company offered an enhanced rate on the annuity, noticeably better MLAA Dec 2022 #3
She worked for a bank ages ago. bif Dec 2022 #8
Do you have to pay multigraincracker Dec 2022 #4
how is her health? lapfog_1 Dec 2022 #5
She's very healthy! bif Dec 2022 #10
Is there a Cost Of Living adjustment on the pension? Is the pension fund reliable over the long term Midnight Writer Dec 2022 #6
No COLA bif Dec 2022 #9
I had one of those small pensions and I cashed it in for the lump sum yellowdogintexas Dec 2022 #12
I cashed in mine for about 20k and... bif Dec 2022 #13
I would absolutely consider an annuity. A HERETIC I AM Dec 2022 #14
I already have an annuity bif Dec 2022 #16
Nothing stopping you from having more than one! LOL.... A HERETIC I AM Dec 2022 #17
Thanks. bif Dec 2022 #18
I am frequently astonished at the trashing of annuities here on DU. PoindexterOglethorpe Dec 2022 #22
My annuity has lost 23.3% in purchasing power in the last 6 years, due to inflation progree Dec 2022 #23
What I appreciate is the rock-solid dependability of the annuities. PoindexterOglethorpe Dec 2022 #24
So true, about annuities often being trashed here on DU. PoindexterOglethorpe Dec 2022 #25
I was offered a buyout at 62 for $104k, so far I have doc03 Dec 2022 #15
If she lives 20 more years and gets $290/month, that's a 6.148% annual average return progree Dec 2022 #19
How well is the pension fund managed? Is it underfunded? Pobeka Dec 2022 #20
After talking to our broker bif Dec 2022 #21
Latest Discussions»Culture Forums»Personal Finance and Investing»Question about collecting...»Reply #13
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