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Reply to "Very small pension, how to handle"
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[quote=Anonymous]without a COL increase I would take the lump sum. With it, I would keep the pension. inflation will eat away at it. Reminds me of my grandmother's life insurnce policy for my mom, which paid out monthly rather than a lump sum. My mom was getting 26$ a month, and while I can't remember what the lump sum was anymore, when we did the calculations we realized it was so much b etter to have taken the lump sum and invested it. [/quote]
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