Pensions are a great source of guaranteed income for retirement.
They provide an income stream that you can NEVER outlive.
This helps address the number 1 concern for people in #retirement ….
Running out of money.
But, a lot of company pensions have a big drawback that a lot of people aren’t aware of.
It’s the survivorship benefit.
So many retirees have all of their retirement income completely covered with a pension…
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