02.11.25 Ask An Advisor With Wes Moss

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 11 February 2025

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Monthly Pension vs. Lump Sum: The 6% Test and Is the Market Too High To Keep Investing? Should you take a monthly pension or a lump sum payout? That’s a tricky question, but fiduciary financial advisor Wes Moss has a simple rule that can help you decide. Also, is it better to invest when markets are high or low? Wes breaks down market records since 1950 and shares his perspective on why investing in an all-time-high market is more important to your money than you may think. Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the February 11, 2025, Ask an Advisor episode of the Clark Howard podcast. Pension vs Lump Sum Calculator - Clark Howard Should You Take Your Pension in a Lump Sum or Monthly Payments? Should I Take a $700,000 Lump Sum or a $4,200 Monthly Pension? Submit your questions at clark.com/ask. We hope you enjoy our weekly Ask An Advisor episodes, in which Christa and Wes discuss investing and retirement savings in depth. Let us know what you think in the comments! Learn more about Wes: Wes Moss, CFP® Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:22.0	Shopify is made for entrepreneurs like you.
0:24.4	Sign up for your $1 a month trial at Shopify.com slash setup.
0:34.7	Welcome to Ask an Advisor, our weekly show, where we answer your questions about investing,
0:39.9	retirement, and all things money.
0:42.4	Krista. Hello.
0:43.7	Hello, Wes Moss. We are back this week. And you're going to talk about something we get a lot
0:47.8	of questions about on the Clark Howard Show, but we rarely talk about. And that is, if you're
0:52.3	lucky enough to have a pension, which is, you know, pretty
0:55.3	legacy at this point, but many people do. Still a lot of people that have them. Still a lot of people
0:59.4	that have them. And if you're given the choice, take a lump sum or get the pension payout,
1:05.3	what do you do? And what else are you going to talk about later on today? Well, the other thing
1:08.6	is that so far in 2025, the markets have been strong
1:12.2	again, and they're kind of bumping up and hitting new highs. And it's kind of nerve-wracking
1:17.8	to invest around that time. So I want to talk about some of the history there. I love it. And I have
1:21.7	lots of great questions for you today. I'm excited. We'll get started. Let's start with
1:25.2	pension lump sum. Yes. So there's a couple of things.
1:28.0	Companies don't love to be in the news about this because nobody, no company likes to
1:32.8	say how many people they're laying off.
	...

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