You have a pension decision to make, and I'm going to help you make it in 10 minutes.

You're wondering right now, what is going to put more money into my pocket?

Is it taking the lump sum distribution, or is it taking the annuity distribution?

Both have their benefits, and especially a lump sum, because when you take that, you can go,

well, this is pretty cool.

I can take it and invest in whatever I want.

And if God forbid something happened to me tomorrow, my heirs inherit all of this money.

Now, with the annuity, it also feels nice because you go, well, I get this guaranteed income

for the rest of my life. And there's different options there. Does your spouse get 100%

if something happens to you? Do they get 50%? Is it worth the

trade off of that? I'm going to help walk you through how to think through a pension decision,

and I'm going to actually show you one I did with a client. So welcome back to the early retirement

podcast. I am your host, Ari Taublieb. I am a certified financial planner. I am the host of the early retirement podcast

that you're listening to right now, and I'm the vice president here at Root Financial Partners.

So with that being said, a few quick announcements. The first is that I am going to be showing you

today, right now, an internal rate of return analysis. Some of you have never heard of

this before in the same way I went to my doctor and they told me to take a pill I had never heard of

before. So it's not something that I'll go over often with clients, but I actually want to go on more

of the technical side today just so that you know if you are trying

to make that decision for your pension you make the right one because it has a lot of different

factors and it can really dictate what a successful retirement might look like for you if you do

not have a pension you might still find this episode interesting but you can apply a similar

...