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Reply to "Value of pension in net worth calculation"
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[quote=Anonymous][quote=Anonymous][quote]Wife and I receive about $170k annually - local govt pension. It is inflation adjusted[b] with survivor benefits.[/b] We don’t count it towards NW but to us it’s priceless in terms of what is provides - a peace of mind via guaranteed lifetime income security. Would never trade it for large lump sump. Who are the survivors? Do you mean your wife? [/quote] Wife has husband as designated survivor and husband has wife. You can name anyone as a survivor beneficiary however…[/quote]
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