Sa For Fas

The standard advice to workers leaving their employment as to whether to take a lump sum or annuitize is to take the lump sum. This podcast (5:45) argues that retirees should ideally have both portfolio wealth and an income they cannot outlive, but that when a choice must be made, one should examine the decision from both investment and consumption angles.Learn more about your ad choices. Visit megaphone.fm/adchoices