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Reply to "Very small pension, how to handle"
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[quote=Anonymous][quote=Anonymous]If it were me, and I had a lot of other investments, I’d keep the small pension. I would then invest the monthly payments in a regular brokerage account. That way, I’d get the benefits of dollar cost averaging & I wouldn’t take a tax hit of a one time withdraw. During my retirement when the market is down, I’d use that small pension for living expenses. That way, it would give me a little time to let my investments recover. But that’s just me. I like having investments but I also like having a little of bit of insurance for worst case scenarios. [/quote] I kind of like this idea![/quote]
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