Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Help me understand my pension numbers"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP is not married. Shouldn't they take a lump case in most cases? Otherwise should they die, their heirs won't inherit any of that money. If they are married, then their spouse will inherit 1/2 their pension.[/quote] The person's first priority is to take care of themselves. They could spend down a 200k lump sum rather quickly (probably before retirement age), but the 25k for life will be there for them if the pension is secure, which combined with SS and hopefully whatever they can save, gives them a decent income. He can leave whatever savings he has left to his son. If he has 200k + SS for the rest of his life, it's not likely anything will be left for his son anyway.[/quote] PP here. Thanks. You gave a clear explanation.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
