Pension decisions
When we take our pensions we will need to select from a range of choices such as single life, 50% joint, 10 year certain etc.
These amounts are based on the average life expectancy.
Is there a professional in TV area that will look at our medical history and give an opinion as what choice will likely give us the best payout?
One planner suggested that we buy life insurance to give the surviving spouse a payout and take the single life option. Paying the premium with the difference between joint and single life. This may be difficult due to our insurability.
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