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How Bobby Bonilla Day Can Help You Decide Whether to Take a Pension or a Lump Sum, Ep #220

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Manage episode 428978945 series 1391181
Content provided by Financial Symmetry, Chad Smith, and Mike Eklund. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Financial Symmetry, Chad Smith, and Mike Eklund or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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.

___________________

  continue reading

221 episodes

Artwork
iconShare
 
Manage episode 428978945 series 1391181
Content provided by Financial Symmetry, Chad Smith, and Mike Eklund. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Financial Symmetry, Chad Smith, and Mike Eklund or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://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.

___________________

  continue reading

221 episodes

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