We Interrupt Your Previously Scheduled Program …
Great news! You don’t have to read me waffling on about analyzing your pension lump sum offer this week at GrumpusMaximus.com. I published Part 8 of the Pension Series as a guest post for Darrow Kirkpatrick’s blog, CanIRetireYet.com, so you can read my waffling there instead. Check it out at the following link.
Darrow’s site is a long time favorite of mine. It is the one sight, more than any other, that inspired me to make the calculations and determine if early retirement was possible for myself and my family. Avid readers of my blog may already be familiar with his work as I reference it quit a bit. Luckily a mutual friend put Darrow and I in touch, and I now get to consider him a mentor and a friend. Many thanks to Darrow for providing me the opportunity to write for his site, and gain exposure for the Golden Albatross message and GrumpusMaximus.com. Darrow does not allow comments on his website, but feel free to post them to this article and let me know what you think.
Enjoy!
— GM
Another great article! My pension, like you, does not come with a lump sum option. If one does, it is nice to know there is an option for mathematics and pension rating to help with that sometimes emotional decision. Emotion does play a big role in FI. As an example: someone who is given an inheritance from a loved one – They should always put it away for six months to a year before making a decision on what to do with it. Emotions seem to make poor decision with money and investing. However, it served us well in meeting and choosing our Mrs. 🙂 Thank you for the article and educaton.