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Forum > Invest > Advisors & Brokers > Ask financial advisor > I am retiring in December my pension is $6386 a month for the rest of my life

I am retiring in December my pension is $6386 a month for the rest of my life

Randy  •  Messages: 1  •  Years on forum: 9.5 02:58 PM 04/16/2016
Or I can take $6229 and 10 years guarantee the same amount to my 21 year old son if I die wth in the 10 years. I am not married and have no debt.
Also $6048 for 15 years guarantee and $5818 for 20 years. All three quarantined if I die within the timeframe.

What would you recommend ?

Jimmy White  •  Messages: 18  •  Years on forum: 11.3 04:35 PM 04/18/2016
Randy, let me clarify your question.

So if you select $6229 option and (unlikely) die in 4 years, your son will be paid $6229 for the next 6 or 10 years?



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