Thank you. I ran the numbers again at 6%. It came out a little different, but similar. I calculate $360,000 after 20 year annuity at 6% and $418,000 after 20 years with lump sum. About 28 years would ...
I am still working but can begin a pension from previous job in a month (age 55). I can get $9,023 a year at 55 or $11,904 a year at 65 (a 2.5% reduction each year - total 25%). Or, I can get a $130,0 ...