Scott Burns: Deciding on lump sum payment vs. annual pension at retirement
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Scott Burns: Deciding on lump sum payment vs. annual pension at retirement

Cola : India | Jun 22, 2012 at 4:54 PM PDT
Source: Daily Breeze
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The subject of whether to take a company pension or a life annuity is slim pickings when surfing the Net...If I take the lump sum, I would have a total of $1,200,000 in assets. Using a 4 percent draw-down rate, that would allow me to retire with a projected income of $48,000. FULL ARTICLE AT Daily Breeze
 
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