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<If you're one of the lucky 30 million American workers still covered by a traditional defined-benefit pension plan, you'll likely be faced with a crucial and irrevocable decision when you retire: should you take your pension in the form of a guaranteed monthly check for life or should you grab all of your pension money up front and manage the funds yourself?>

Unless your profession was managing money I would not recommend anyone managing their own funds. Before retiring get involved with a financial planner. Interview several and find one you are comfortable with. You can invest funds with this person and see what happens. I did this and when retirement rolled around I took the lump sum. My financial guy has navigated me thru the bumpy times of 9/11 and all of the ups and downs since then. I am really happen with him and have no plans of changing financial planner.

Just my own experience....
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