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
»
Jobs and Careers
Reply to "Is a pension all it’s cracked up to be?"
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]I've heard this debate put in the context of a lottery winner. You win a $3M jackpot, but the lottery buys you an annuity that pays out the full amount after 20 years - or you have a choice to take a lump sum of $1.2M. If you have the financial discipline, you can invest the lump sum and earn a return that far outstrips the annuity that the lottery would purchase. Unfortunately, most lottery winners (and perhaps most people for that matter) don't have the necessary financial discipline. Many public sector employees hit their pensions (i.e. military or regulatory agency), then move to the private sector for more of a financial cushion. If you move to the private sector before your pension, then you're at a significant disadvantage.[/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
