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Usually, a lump sum is a better way to go. Why? In this episode, Im going to address the question Should you take a lump sum pension offer? Well, that depends on a few factors. But most of the time, when I help people analyze the answer to that question, they realize, You know what? I think its going to be better if I take the lump sum option. So, Ill show you the different considerations and how to calculate whether you should take a lump sum or whether you should just sit back and take the monthly guaranteed income that theyre going to give you in that pension. It isnt really that difficult but youve got to make some assumptions. And sometimes, we dont know the answers to certain questions. But get ready, Im going to dive deep into this and help you be able to determine the answer to this question for you. So, my name is Doug Andrew and Ive been a financial strategist and a retirement planning specialist for more than 46 years. And Ive helpe