Finding a financial planner

bhs1978
Sun, 18 Aug 2024 12:04:38 +0000

MMRose:

I am a government employee so no social security(!) but I have a defined benefit pension that will pay me about 70 percent of my current take home, with spousal benefits that are pretty close to that. Or I could take a hefty cash payout.

I was in the same position. If I took the lump sum I would lose health insurance. That made lump sum not an option.