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Pension options ??
melissaa_2
Posts: 2 Newbie
Hello all 
A 46 year old man is retiring with a monthly benefit of $1939.He and his wife, also 46 , have the options :
Option #1..........$1939 monthly
Retirees death......$0
(purchase a 20-30 year term policy to make up the difference)
Option #2..........$1837 monthly
Retirees death.....$918
Option #3...........$1745monthly
Retirees death....$1745
We are both healthy and have no dependants. We also have other inverstments so our concern is mostly on dollars saved.
Thanks so much
Melissa
A 46 year old man is retiring with a monthly benefit of $1939.He and his wife, also 46 , have the options :
Option #1..........$1939 monthly
Retirees death......$0
(purchase a 20-30 year term policy to make up the difference)
Option #2..........$1837 monthly
Retirees death.....$918
Option #3...........$1745monthly
Retirees death....$1745
We are both healthy and have no dependants. We also have other inverstments so our concern is mostly on dollars saved.
Thanks so much
Melissa
0
Comments
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This is a UK site and UK options are totally different to American. Sorry.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Thanks Dunstonh,
I wasn't aware of that.
Most Americans consider themselves "Euro-Mutts".I do know that i am part British and part German and my ancestors are from Sunderland, England. Whenever i see Britain on the television i feel a real sense of pride.Your cities seem so beautiful, safe and clean...unlike American cities.
Thanks again,
Melissa0
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