BiggerPockets Money Podcast

259: Pensions 101: Are Pensions Worth It? w/ Grumpus Maximus


Listen Later

If you need pension funds explained, there’s no better person to talk to than the internet’s leading voice on all things pensions and retirement, Grumpus Maximus. After spending twenty or so years in the military, Grumpus began to put his health, happiness, and passions first. Now, retired with plenty of money coming in (thanks to pensions and retirement accounts), Grumpus spends his time blogging and helping others ask the meaningful question, “is my pension worth it?”


Guest co-host Joe Saul-Sehy from the Stacking Benjamins podcast is here to help Mindy tee up some pension-related questions for Grumpus. Whether or not you have a job offering a pension or you’re debating accepting a job with a pension, the research-based questions asked today will help you evaluate whether or not a pension is truly worth it. 


You’ll hear about the safety of pensions, healthcare-impacted pensions, annuities, and Cost-of-Living Adjustments (COLA) so you can make the best possible decision regarding your (early) retirement plans!


In This Episode We Cover

“Cashing out” of a pension and what to do with the money

Understanding the healthcare implications that come with leaving a pension 

Which industries have the riskiest pension plans

Is an annuity ever worth the fees? 

Researching your pension and understanding the benefits 

How to analyze the safety of an organization’s pension plan 

And So Much More!


Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

BiggerPockets Money PodcastBy BiggerPockets

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

2,959 ratings


More shows like BiggerPockets Money Podcast

View all
Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

Afford Anything | Make Smart Money Choices

3,568 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,727 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,263 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Money Podcast | Cumulus Podcast Network

The Stacking Benjamins Show

1,999 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

813 Listeners

ChooseFI by ChooseFI

ChooseFI

5,154 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

453 Listeners

BiggerPockets Business Podcast by BiggerPockets

BiggerPockets Business Podcast

692 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,823 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,432 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

319 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

133 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,622 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

206 Listeners

On The Market by BiggerPockets

On The Market

903 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

356 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

856 Listeners

The David Greene Show by David Greene

The David Greene Show

706 Listeners