Retiring With A Pension? EVERYTHING You Should Know & Do Differently...

Start your retirement plan! https://app.adviice.com/start-discovery?utm_source=youtube&utm_medium=video&utm_campaign=retiring-with-a-pension Don't have a detailed retirement plan yet? Build your retirement plan using our AI Strategies for just $9/month. This includes a comprehensive 30-day email/video course with detailed instructions. --- In a lot of ways, a defined benefit pension makes retirement planning easier. You get guaranteed lifetime income, and there are fewer choices to make in your withdrawal plan. The problem is that the decisions you do have to make carry a lot of weight, and you usually only get to make them once. In this video, we'll talk about how a DB pension is calculated, and why whether your pension is indexed or not makes a very big difference. Then we'll go through the two choices you make at retirement: when to start the pension, and which survivor option to pick. Last, I'll share some cash flow challenges that pensioners often run into, and then we'll work through a case study to show you how you can test your pension using Adviice. --- Disclaimer: This video is for educational purposes only and does not constitute investment advice or financial advice. All information provided is for illustrative purposes only and you should not rely on such information as the primary basis of your investment, financial, or tax planning decisions. Every effort has been made to ensure the accuracy of its contents. No representations, warranties or guarantees are made as to the accuracy of any estimates or calculations provided. Nothing in this material should be construed as investment or tax advice, or a solicitation or offer, or recommendation, to buy or sell any financial product or securities. Before making any financial decision, you should review your situation with a financial planner.