When retirement finally arrives, one of the biggest financial decisions you’ll face is what to do with your pension. In this episode, Brian Henrysen breaks down your payout options, the financial implications, and how each choice affects your retirement income and legacy planning.Whether you’re deciding between a lump sum, monthly annuity, or direct rollover, this conversation will help you approach your pension with clarity and confidence.Key Takeaways:✨ A pension is a defined benefit plan promising a fixed amount in retirement.🏢 Pensions are less common today as many companies shift toward 401(k)s.💵 Payout options include direct rollover, lump sum distribution, or annuity payments.👩‍❤️‍👨 Annuities may include survivor benefit choices that affect family protection.🎯 The best pension option depends on your personal goals and financial picture.👶 Without a survivor benefit, monthly income may end when you do — impacting heirs.🏛️ Legacy planning should always be part of your pension decision.📊 Evaluate your entire financial plan — retirement income, savings, taxes, and risk appetite.🧭 Seek professional guidance to make confident, informed decisions about your pension.🔎 Keywords: pension, retirement, financial planning, payout options, legacy planningYour pension is more than just a paycheck — it’s a legacy decision. 💡 Make it wisely, and let your money keep working for you long after you retire.#pension #retirementplanning #financialplanning #payoutoptions #legacyplanning #annuities #retirementincome #retirementtips

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