SA For FAs

Retirement Advisor: Lump Sum Or Annuity?


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The standard advice to workers leaving their employment as to whether to take a lump sum or annuitize is to take the lump sum. This podcast (5:45) argues that retirees should ideally have both portfolio wealth and an income they cannot outlive, but that when a choice must be made, one should examine the decision from both investment and consumption angles.
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SA For FAsBy Seeking Alpha

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