While pensions used to be the standard retirement benefit offered by companies, that is becoming less and less common. On today’s episode of the podcast, Phil talks about what options you have with a pension, why you might still need to save for retirement outside of the pension, and what to look out for.
Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-77-status-of-the-american-pension/
Watch the video podcast: https://youtu.be/QxOntOo2jig
What we discuss on this episode:
0:48 - Michigan is known for still having a lot of pension plans.
2:31 - There’s more pressure on self-saving for retirement.
3:35 - If someone has a pension, do they have an advantage in retirement?
6:01 - Should you take a lump sum or monthly payment?
9:43 - How has COVID changed company loyalty?
11:38 - How do you address inflation and taxes?
Ep 134: Countdown to Retirement
Ep 133: Can I Retire at 55?
Ep 132: Reasons You SHOULD Get Life Insurance
Ep 131: The Most Important Retirement Birthdays
Ep 130: Common Housing Questions from Retirees
Ep 129: Financial Jargon: Designations and Education
Ep 128: Financial Jargon: Terms & Definitions
Ep 127: Recognizing the Voice of Greed
Ep 126: Guessing in Retirement Planning
Ep 125: Murky Issues in Retirement
Ep 124: State of the Market and Current Inflation
Ep 123: What is the Most Important Part of Retirement Planning?
Ep 122: Values-Based Planning
Ep 121: Planning for the Things We Can’t Predict
Ep 120: How Much Are Your Money Biases Costing You?
Ep 119: How Do Kids Factor into Retirement Planning?
Ep 118: Don’t Fumble in the Retirement Red Zone
Ep 117: What They’re Saying - 2022 Economic Predictions
Ep 116: How “The Great Resignation” Could Impact You
Ep 115: 22 Money Resolutions for 2022 Part 2
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast