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Pension Vs. Lump Sum Comparison Analysis

The Autoworker's Guide to Lump Sum Pensions

You may be emotionally ready to retire, but are you financially ready?

As you approach retirement after a long career in the auto industry, you may find the financial planning aspect to be more daunting than you anticipated. All of a sudden, you’re forced to answer questions about your pension, like:

  • Should I take the lifetime income, or the lump sum?
  • How do I invest my other assets for retirement?
  • When do I take Social Security?
  • And how do I find a qualified advisor to help navigate through all of this?