Tag "pension"

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Lump Sum or Monthly Pension: Which one is Best?

Companies have adopted different ways of giving pensions to their employees after they retire. The two main options are having a lump sum amount or getting a monthly pension.


Financial Planning Tips for the Newly Retired

Most people work for their entire life and keep saving money for the retirement. Once a person retires, he has no other source of regular income and thus he has to depend entirely on the savings.