Ep 37: State of the American Pension Plan

18/03/2021 12 min Episodio 37

Listen "Ep 37: State of the American Pension Plan"

Episode Synopsis

Is the pension becoming a thing of the past? More and more people are having to create income plans that don’t include a pension and it can present a different set of challenges. Today we’ll discuss the state of the American pension plan and what you need to know with and without one.
 
and get additional financial resources here: https://retirementplaybookpodcast.com/retirement-strategy/ep-37-state-of-the-american-pension-plan/1414/ 
 
What we discuss on this episode: 
1:13 – How many Minnesota companies still offer a pension?
2:05 – Lack of pensions impacts planning
3:18 – Does pensions put you in a better position?
4:40 – Buyout or lump sum?
7:07 – Planning for inflation
8:04 – Having a plan for the pension
8:44 – Final thoughts on pensions

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