Turning Your Pension into Predictable Income | Protect Your Assets with David Hollander

In this episode of Protect Your Assets, host David Hollander delves into one of the most critical financial decisions you'll ever face: converting your pension or retirement fund into a lifetime income stream. David explains why this decision is often irrevocable and how it can significantly impact your and your family's future. Covering a range of topics from understanding various pension options to creating a self-managed pension plan, David offers valuable insights to potentially help you avoid costly mistakes. Whether you're on the brink of retirement or planning ahead, this essential episode will help you build your financial future. Tune in to learn how to establish a stable, predictable income with your pension for the rest of your life.

1:44 – How do you decide which retirement option is best for you?
5:50 – Caller question
11:36 – The example of Pam and her pension plan
22:24 – They Say... that pension plans are preserved and sustainable, and you shouldn't worry about your pension going under. Is that always true?
28:46 – Things to consider before rolling over your 401(k)

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$0 – 1,000,000 - 1.25%
$1,000,001 – 3,000,000 - 1%
$3,000,001 – 5,000,000 - 0.85%
$5,000,001 – 10,000,000 - 0.80%
$10,000,001 – 25,000,000 - 0.70%
$25,000,001 – 50,000,000 - 0.40%
Above $50,000,001 - 0.30%

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