How Can CIA Help You?

Ask An Advisor
Retirement Calculator
eBook
Request Consultation
Social Security Optimizer
Ask an Advisor
Retirement Calculator
eBook
Request Consultation
Social Security Optimizer
Blog

Retirement Planning – Lump Sum or Monthly Payout?

Q: Given a choice between a pension lump sum of $266,000 or $1600/month, which do you feel is the better choice? I am 63. Thank you.

A: This is something we talk with clients about all the time. There are a couple of things to consider when making this decision:

1.       Is this a lifetime payout?

2.       Are there any survivorship benefits?

3.       What are your monthly income needs?

Generally speaking, however, a $1600 per month payment on a lump sum option of $266,000 is the equivalent of a 7.2% yield. These days, that is very good.

Hope this helps and please let us know if we can help in any way.


 

How Can CIA Help You?

Ask an Advisor
Retirement Calculator
eBook
Request Consultation
Social Security Optimizer
jordan 12 cherry jordan 12 cherry jordan 12 cherry jordan 12 flu game jordan 12 flu game jordan 12 flu game jordan 12 french jordan 12 french jordan 12 french jordan 12 gym jordan 12 gym jordan 12 gym jordan 12 ovo jordan 12 ovo jordan 12 ovo jordan 12 unc jordan 12 unc jordan 12 unc jordan 12 wings jordan 12 wings jordan 12 wings
adidas human race black adidas human race blue adidas human race green adidas human race grey adidas human race pink adidas human race red adidas human race white adidas human race yellow