“Should We Give Up a $350K Lump Sum for a Bigger Guaranteed Pension?”

Jenna joins Jean Chatzky on this week's episode for another AMA conversation, this time digging into a decision that sits right at the heart of Jean's new book, The Forever Paycheck: Is it worth giving up more money on paper for the peace of mind that comes with guaranteed income?

In this episode:

Why Jenna and her husband are reconsidering the lump sum after years of assuming it was the obvious choice

Jean's take on why retirees with pensions tend to spend significantly more than retirees with the equivalent balance sitting in a retirement account

How guaranteed income can free up the rest of a portfolio to be invested more aggressively

Why Jenna says choosing peace over optimization is exactly how she and her husband got their finances in order in the first place

Want a signed copy of The Forever Paycheck? Leave The Forever Paycheck a review on Amazon, screenshot it, and email it to mailbag@hermoney.com to be entered to win.

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