lump sum

Selling a Pension for a Lump Sum: A Bad Deal on Both Sides

If you get a monthly pension check, but need a lot of cash now, you might be considering a pension income stream deal. Here's why you should find another way to get the money.

Why Retirement Is Like Winning the Lottery

The new retiree has a lot in common with a lottery winner. But there is at least one major difference. If you buy a lottery ticket, you have a miniscule chance of winning. If you contribute to your retirement account, you're bound to win.