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How Bobby Bonilla Day Can Help You Decide Whether to Take a Pension or a Lump Sum, Ep #220
Manage episode 428997159 series 3557639
Konten disediakan oleh Financial Symmetry, Chad Smith, and Mike Eklund. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Financial Symmetry, Chad Smith, and Mike Eklund atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
One of the retirement questions that persists through the ages is whether to take a pension or a lump sum payment. On this episode, we flesh out an example from baseball: Did Bobby Bonilla Day make the right decision back in 1999 to take $1.2 million per year instead of a $5.9 million lump sum payment?
Seeing this example play out over time can help you make your own pension vs. lump sum choice. Listen to find out whether Bobby hit a home run with his financial decision.
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