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Subject:  Re: Pension, annuity, or payout? Date:  9/25/2012  9:55 AM
Author:  Rayvt Number:  70954 of 78165

I forgot to say in my above calculation, I was assuming 20 years of payments for age 65 and 38 years if we take payments now.
For periods that are decades long, you can't just do the simple math of $-per-month * #-of-months. The compounding is the dominating factor, and that simple c