When should you take your pension, what types of things should you think about when it comes to deciding between a lump sum or a monthly annuity payment - risk protection, for example - and how do you work your pension into your overall retirement plan? Spitballing on retirement pension options, and saving to a taxable account when you're concerned about required minimum distributions or RMDs, on today's show.

Timestamps:

• 00:42 - When to Collect My Pensions: Now, Early Retirement, or Age 70? (Rose, CA)
• 12:16 - I'm Concerned About RMDs. Should I Save to a Taxable Account for Retirement? (John Doe, Seattle, WA)
• 17:33 - Pension Retirement Spitball: Are We On Track to Retire in 2032 Without Saving Any More? (Jennifer & Zeke, NY State)
• 25:32 - Roth 457 vs. Roth IRA and Pension Options Retirement Spitball (Clay, Westerville, OH - from episode 377)
• 35:39 - COMMENT: Pension Vs. Lump Sum Risk Protection (Stephen)
• 38:53 - The Derails

Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-430

• Key Financial Data Guide
• Surviving Retirement Without a Pension - YMYW TV S4E17
• Register for a free webinar: Navigating Retirement Solo, tomorrow, Wed. May 24, 2023, 12pm PT/3pm ET
• Episode Transcript
• Ask Joe & Big Al On Air