Talk of The Villages Florida - View Single Post - Advice on Pension options
Thread: Advice on Pension options
View Single Post
 
Old 10-13-2024, 04:25 PM
villagetinker's Avatar
villagetinker villagetinker is offline
Sage
Join Date: Sep 2013
Location: Village of Pinellas
Posts: 11,072
Thanks: 3
Thanked 8,171 Times in 2,974 Posts
Default
I took option 1, and then got a VUL life insurance policy for and amount for my wife to live comfortably. This maximized my monthly income, the VUL now has sufficient cash value I no longer have to make any more payments.

NOW as stated above speak with a financial advisor, what works well for me may not work well for you, the devil is in the details.
__________________
Pennsylvania, for 60+ years, most recently, Allentown, now TV.