How would you decide the right option for you?

Retirement. Time to decide the funding requirements, and determine the sources. Also important is the question of the options of payment available for each source. Can it be paid in lump sum or over a period of time? Should some of these sources be consolidated or left alone? Where is it currently invested, and how well protected is it, and what kinds of risks is that money subject to, relative to when it might be needed, and what is my comfort level with each of those risks? What are the tax consequences of taking one form of payment instead of another? Do I need a Plan B, or more, depending on my likely scenarios?

These were some of the questions I grappled with reading this recent insightful article in the WSJ.

Does it strike a chord with you? Do you agree with some of its observations, and comments?

Something to think about, and share.

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