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Can we really stop next year??
Comments
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Single Life and Joint Life, the survivor benefit options given.EP456 said:She! What is SL & JL? Thanks for all replies
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Take the maximum lump sums. The toughest years for your finances will be the first few years until SP kicks in. Then you will have a lot more than you need, even with the lowest monthly rates of all your pensions.
The lump sum offers are fair in terms of the reduction compared to the lump sum. The offers are neither so great, nor so poor that you are effectively pushed down one road. If they point either way, I would say they point towards taking the lump sums. However, the choice should come down to what best suits your personal situation. In your case, your monthly needs are well taken care of, so I would suggest you take the cash.
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