Category: Pension

Inflation and Retirement

Inflation – even minor inflation – reduces purchasing power over time. Like the famed economist Milton Friedman once said, it’s the hidden tax that creeps...

Oxy Pension: Lump-Sum or Annuity – Which is Better?

Upon approaching retirement, you may be asking yourself, “Should I take the lump sum or the annuity payment option with my pension plan?” We get...

Annuities: Are They a Good Option in Turbulent Times?

As Americans get older and the stock market goes through a periodic decline, the temptation to decrease risk over fears of running out of money...