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Author: Hawkwin Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75335  
Subject: Re: Pension, annuity, or payout? Date: 9/24/2012 2:18 PM
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Okay, I found some info online. If he waits til age 65, the benefit would be about $600 a month. If he takes an annuity now, the monthly payment would be about $400 a month.

The rollover amount is the missing part of this equation but a quick eyeballing of these amounts has me picking the $400 now (not accounting for any other variables) over the $600 later. You would have to live to over age 95 to offset the nearly 20 years of monthly payments before the $600 would make sense.

Need more specifics (e.g. remove the "about's").
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