if you retire at age 65, you can get pension $1000 per month for life. or you can take it out lump sum over a 5 year period. Assume you live up to age 85. how much you will you get if you choose to have lump sum?
thank you all. FYI our company does not have inflation adjustment
I just found out there is a 6% rule. Here is: a monthly pension of $1,000 (beginning at age 65) or a lump sum offer of $160,000. If you annualize the monthly payment ($12,000) and divide it by $160,000, you get 7.5%—which is the return you’d need to earn every year (on your lump sum payment) to match the value of the monthly payment offer. As S&P returns averaged under 7% from 2000-2021, earning an annual average of 7.5% is perhaps a daunting task.
I will ask the company how will they calculate the lump sum amount. if they calculate using 6% or below or higher. and how many years they use to calculate. will the us treasury rate interfair the company's calculating rate? Right now they us 6%. but 3 year ago, they may used 1-2%? if that is the case, one should take lump sum when rates are low, vs take monthly when rates are high at time of retirement (company has no inflation protection ). I have not seen anyone mention treasury rate in the decision making process yet.
if you retire at age 65, you can get pension $1000 per month for life. or you can take it out lump sum over a 5 year period. Assume you live up to age 85. how much you will you get if you choose to have lump sum?
要不要买断公司退休金？(2023/4/2 更新） - 博客 | 文学城 (wenxuecity.com)
我是在决定退休的时候才知道这些算法，很多种选择，我拿了纸后找了个小印，我说你对数字很敏感吧，他说是，我说帮我看看，他拿过纸后，我还说第一项别看了，他反问 why not, 结果选了第一项
第一项是最高 pension，放弃 lump sum
是1000， 不够生活的， 你务必还要有其他的收入来源
给你一个网站，你算着完（我放了几个不同的数据：拿20年，6。25%的利息，每月拿1000不变，值14万）：
https://www.bankrate.com/investing/annuity-calculator/
还没做出决定
thank you all. FYI our company does not have inflation adjustment
I just found out there is a 6% rule. Here is: a monthly pension of $1,000 (beginning at age 65) or a lump sum offer of $160,000. If you annualize the monthly payment ($12,000) and divide it by $160,000, you get 7.5%—which is the return you’d need to earn every year (on your lump sum payment) to match the value of the monthly payment offer. As S&P returns averaged under 7% from 2000-2021, earning an annual average of 7.5% is perhaps a daunting task.
pension对长寿的人，肯定有利。是不是这样？还是万一过世后，pension可以有部分给配偶子女继承，还是一个子儿都没了？
所以，在选择怎么拿，拿多少时，配偶（年龄）也是考虑因素之一...
到底预期寿命多少不好说，但是至少应该考虑进去吧？
3）我本来 pension 就没多少
其他都在上帝手里
I will ask the company how will they calculate the lump sum amount. if they calculate using 6% or below or higher. and how many years they use to calculate. will the us treasury rate interfair the company's calculating rate? Right now they us 6%. but 3 year ago, they may used 1-2%? if that is the case, one should take lump sum when rates are low, vs take monthly when rates are high at time of retirement (company has no inflation protection ). I have not seen anyone mention treasury rate in the decision making process yet.
我是一次全拿了。
这个和30年bond接近。今年买Annuity的人很多，就因为利息大涨。但公司计算的时候往往不用这个利息，因为公司的pool是可以用来投资股票的，而理财机构很多给annuity的投资集中在bond上，确保能兑现承诺。。。我用了6。25%是因为我自己的pension也用这个。前几年到了7。5%，这几年政府钱不够，每隔几年减一点。。。。我争取在下次减之前退休。
我习惯鼠标，炒股看图方便
最早55岁开始拿，当然也可以推迟。
55岁这档，每年拿lumpsum的8.5%, 如果要加上配偶，这个%就会降。
65岁开始拿的话，%会再高一点，而且lumpsum 也涨，当然每个月拿得更多。
一旦开始拿，每月数字固定，没有inflation.
Pension 是由保险公司guarantee的。即使公司破产也不受影响。
如果数额不大，我认为55岁拿比较合算，尽快把本金拿回来，后面就听天由命了。
注：这种方法没有考虑税的因素。只考虑了寿命。
公司把已经开领的pension资产卖给了两家大保险公司，各50－50，pension 由二保险公司管理和发放。保险公司给了life time guarantee 文件。所以已经和原公司脱钩了。
还没有开始领的人的资产，我就不清楚了。