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mb
S. Moderator
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Posted: Thu Apr 23rd, 2009 06:11 am |
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I went to the retirement guy to check on what's going down with all that stuff. I reach the ripe old age of 55 this June and will retire on my birthday. Yehaw. Of course, this is not an actual retirement since I am now running my own corporation, but a retirement from the state teacher system. Sheesh. I can't believe I've actually done it. But there ya go.
So, I'm wondering what the wisest thing to do with the "Defined Benefit Supplement Program" funds. I can roll them into some sort of account. I could take them in a lump sum and pay off debts. I can take them over a span of time monthly up to 10 years. How the heck can I figure out the best way to do this??
Please remember... I am a natural blond.
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Right-Wing
Member
| Joined: | Thu Aug 11th, 2005 |
| Location: | EXTREME DISTRESS |
| Posts: | 5835 |
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Online
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Posted: Sat Aug 1st, 2009 07:56 am |
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Rule #1: Don't take financial advice over the internet.
If I were you, I would ask the wealthiest person I know and trust (someone who earned it themselves) which financial advisors or accountants they know and would recommend.
A few hundred dollars worth of advice may save you thousands in the end.
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