General Electric recently announced they’re freezing pensions for some and offering buyouts to many former employees. That’s unfortunately a scary reality check for anyone who’s counting on a pension for their retirement. If you or a loved one have a pension, this episode is for you. George weighs the pros and cons of taking monthly payments or the choosing the lump-sum option, and what it means for you financial future. Plus, what the 2020 Social Security cost of living adjustment means for your wallet.

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