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259: Pensions 101: Are Pensions Worth It? w/ Grumpus Maximus

259: Pensions 101: Are Pensions Worth It? w/ Grumpus Maximus

FromBiggerPockets Money Podcast


259: Pensions 101: Are Pensions Worth It? w/ Grumpus Maximus

FromBiggerPockets Money Podcast

ratings:
Length:
79 minutes
Released:
Dec 20, 2021
Format:
Podcast episode

Description

If you need pension funds explained, there’s no better person to talk to than the internet’s leading voice on all things pensions and retirement, Grumpus Maximus. After spending twenty or so years in the military, Grumpus began to put his health, happiness, and passions first. Now, retired with plenty of money coming in (thanks to pensions and retirement accounts), Grumpus spends his time blogging and helping others ask the meaningful question, “is my pension worth it?”Guest co-host Joe Saul-Sehy from the Stacking Benjamins podcast is here to help Mindy tee up some pension-related questions for Grumpus. Whether or not you have a job offering a pension or you’re debating accepting a job with a pension, the research-based questions asked today will help you evaluate whether or not a pension is truly worth it. You’ll hear about the safety of pensions, healthcare-impacted pensions, annuities, and Cost-of-Living Adjustments (COLA) so you can make the best possible decision regarding your (early) retirement plans!In This Episode We Cover“Cashing out” of a pension and what to do with the moneyUnderstanding the healthcare implications that come with leaving a pension Which industries have the riskiest pension plansIs an annuity ever worth the fees? Researching your pension and understanding the benefits How to analyze the safety of an organization’s pension plan And So Much More!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 20, 2021
Format:
Podcast episode

Titles in the series (100)

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.