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[quote=Anonymous][quote=Anonymous]I’m retiring soon and most of our savings are I  401k, brokerage account, Roth, etc.

I do have a very small pension from one of my first jobs. Trying to decide between taking lump sum (&lt;100,000 k) vs small monthly payments annuitized for life. If I live to 100 (who knows?!) and take the monthly payments, I calculated that over my lifetime the amount will be ~3 x the current value.

I’m considering rolling it into my Roth IRA and taking the tax hit just so I can invest it independently.

Any thoughts about best thing to do? [/quote]

Well these questions are hard and these amounts should be technically "actuarially equivalent" but "actuarial equivalence" considers a large group of people to calculate present value factors, so what is best for you....noone really knows.  One rule that I know of is called the 6% rule.  Take the value of your lump sum and divide it by the annualized monthly payment. If the percentage is greater than 6%, the guaranteed monthly payment is considered to be better. If not, the lump sum is considered to be better. But everyone is different. Many people like the idea of taking the LS and investing it themselves whether in a Roth or Traditional IRA. Good luck.[/quote]

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