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The new pension question

May 28th, 2009 · 17 Comments · Retirement

30 years ago pretty much everyone retired with a pension.  It didn’t matter if they were a private business or a government worker.  Everyone had something.  Sure, the government or civil servants had more, but they earned less.  This new recession we’re in has caused a new problem.  These past 30 years private companies have [...]

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Pension Question?

July 27th, 2008 · 1 Comment · Retirement, budgeting

What’s the best way to take a pension?  The question was asked in Money Magazine.  Should you take a lump sum and manage it yourself or should you take a monthly payout for life?
An interesting question and one which many boomers getting ready to retire I’m sure are wondering.  A lot depends on your health, [...]

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