In the world of r/ChubbyFIRE on Reddit, someone always wants or hopes to hit a specific number, so they can call it quits on ...

When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment or receive it as a lump sum at retirement. Monthly payments over time are ...

If you have a pension, your employer will usually give you a choice at retirement: buyout or payments. It's important to ...

Here’s how you can adapt your retirement playbook.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. These days, most private sector employees don’t have a ...

Traditional pensions are an endangered species in the private sector. But if you're lucky enough to have one, you may face a choice at retirement: Take the money as a lump sum, or as a monthly ...

Buyout decisions have become increasingly common for those with a pension plan. If you get this offer, the most important questions to deal with include when you would you receive the payout, and how ...

Deciding between a $500,000 lump sum or $3,500 monthly annuity payments for your pension isn’t straightforward and involves weighing several personal factors. You need to consider how long you might ...

When it comes to taking lump-sum retirement benefits from a defined-benefit pension plan, timing is everything. And now may be the perfect time. Just ask Larry Martin Baker. A year ago, his company ...

A lump sum, on the other hand, gives you full control of the money, allowing you to invest it — potentially earning higher ...