Talk of The Villages Florida - View Single Post - Advice on Pension options
View Single Post
 
Old 10-14-2024, 10:26 AM
rjm1cc's Avatar
rjm1cc rjm1cc is offline
Soaring Eagle member
Join Date: Apr 2010
Posts: 2,470
Thanks: 268
Thanked 583 Times in 283 Posts
Default

Remember when one of you passes, you lose the lower social security payment.
Not knowing your finances, age, or health I would take the option that pays the most to your wife after you pass.
I do not worry about what I leave to the company. I look at the pension as reliable monthly income with no market risks. Now if you want to leave a lot of money to someone you might have a different opinion.
Yes a meeting with a fee only planner is a good idea.