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 Lump Sum Nomination Form RBSPeople Com 2010-2025

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what is the best pension option for your retirement oftentimes retirees are faced with a few different options everything from a life only to a survivorship option where your spouse receives a percentage of your pension if you pass away first and a lot of retirees also have the option of taking a lump sum of that given pension rather than the monthly pension now in most cases this is a six-figure decision that you must make for your retirement so how do you make the best decision well let's talk about three different things you should be looking at to make this important decision so the first is the expected return on investment of your pension so let's take two examples here we have the monthly pension option or we have a lump sum option now if we take a monthly pension option depending on how long we live we will receive those given monthly paychecks each and every month now with that lump sum there is a point where we can earn a large enough return on investment larg

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