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URL:  http://boards.fool.com/i-found-a-good-article-here-about-companies-30305458.aspx

Subject:  Re: Pension info to consider Date:  10/7/2012  3:17 PM
Author:  gogreengo Number:  71028 of 78166

I found a good article here about companies offering lump sums or regular pension benefits:

http://www.reuters.com/article/2012/07/30/idUS16106135572012...

In the article they have a link where you can get quotes on annuities:

http://www.immediateannuities.com/

I ran a few numbers in their calculator:

A Single Life annuity at age 65 with a $670 a month benefit (like pension SL) would cost 120,800 (SL) to 137,667 (SL w/ 20 years survivor benefit).

A Joint Life annuity at age 65, with $670 a month benefit and 100% to survivor would cost 142,400.

A Joint Life annuity at age 65, with $500 a month benefit (like the pension 100% j/s) and 100% to survivor would cost 106,200.

A Joint Life annuity at age 47, with a cost of $35,000 and 100% to survivor would provide 125 a month.

Who knows what annuities will cost 18 years from now when we are actually 65 years old.
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