No. of Recommendations: 1
>>She says it is a NO BRAINER..forget about the lump sum pay out. I on the otherhand, belive (with careful homework) I can manage the 700K lump sum into yields of about 20%/yr.<<

(1) WhatwhatWHAT?

(2) Whaddya need extra money for? You mean $10K in DB per month (adjusted for inflation, no less) isn't enough to live on in retirement? There's no reason to risk money just for the heck of it, especially on this scale and at this stage.

(3) Do you have any investing experience? Now's a heckuva time to decide to start that new hobby, and that's a heckuva amount to blow through in no time.

(4) If you're a public employee, maybe financial wizardry isn't exactly your forte. I am, and it sure ain't mine.

(5) If your wife's smart enough to beat feet if you blow your retirement funds on some harebrained scheme, and then come looking for hers . . . then best to let this idea go. ;-) And for sure, gin up some other retirement hobby. :-D


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