No. of Recommendations: 0
Pension: since I'm so far from it, I hadn't thought about the various ways for the money to be paid out.

You may want to see if you can find your plan documents or talk to HR. If you want the survivor's benefit, you either already signed up that way or you need to change to it.

Also on the retirement front, you may want to cruise around at www.ssa.gov There is a spousal SS benefit after you've been married for 10 years(as long as you don't remarry after the 10-year spouse is divorced or dies).

Don't forget to count up your other assets(like equity in your home, etc) when you are looking at both retirement and one spouse after the death of the other. If there are less expensive housing options that you are willing or choosing to take, you could have additional capital with which to genereate income.

rad
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement