Lump sum vs monthly benefit and life expectancy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I left my non-profit job in 2020 at the age of 55 after spending 20 years there, and I decided to take a lump sum of 1.1M and rolled it over an investment IRA. I looked at it yesterday and the account is now 3.5M. Much better return than a monthly benefit check. YMMV.

Yes— everyone who manages to retire and take a lump sum during a huge bull market should follow this advice.

Quite the opposite. Had they put the money into market when it was down in 2015, 2018, 2022, they would have a lot more money now.

+1. You put that 1.1 M in 2008 at the height of the market crisis, and you would have 30M in 2025.

How?

Invested in Apple, Microsoft, Telsa, Oracle, and Google in 2008 with 1.1M and you would have at least 30M in 2025.