I'm 51 and debt-free - is it smarter to take a $107K lump sum or $710 monthly pension when I retire?
The decision between a lump sum and monthly pension payments depends on individual financial circumstances, including life expectancy and current financial stability.
I'm 51 and debt-free - is it smarter to take a $107K lump sum or $710 monthly pension when I retire?
The decision between a lump sum and monthly pension payments depends on individual financial circumstances, including life expectancy and current financial stability.
Taxable brokerage accounts: the best investment option for control freaks
"Taxable brokerage accounts provide greater flexibility than a retirement account and more investment options than a savings account," says Patrick Bobbins, emphasizing their versatility in investing.