Suze School: The Right Pension Option
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
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How to Choose the 100% Joint and Survivor Option
CNN's John Sutter asks a retired man to choose between his pension and life insurance. If Stephen chooses the 100% joint and survivor option, all he'll get is $2,141 a month. The company will have reduced his full pension by $454 per month. Why? Because $700,000 of insurance, Stephen dies.
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