GRFTFS: Can I Retire When I Get My Pension?

"I’m 64 and retiring soon. I have the option to take a lump sum from my pension or monthly payments for life. How do I evaluate which one is better for us?" We're answering YOUR questions on this week's Get Ready For The Future Show!

• We’re 67 and 65 and just paid off our house. We’ve heard that having a trust avoids probate, but our estate isn’t that complicated. How do we know if a trust is worth the cost?
• We’re in our early 60s and plan to sell a rental property in a few years. Should we be thinking about capital gains tax planning now, or wait until we’re ready to sell?
• I’m 61 and recently divorced. I’m keeping the house, but it’s still got a mortgage, and I have about $500,000 in retirement accounts. How do I rebuild my plan now that I’m on my own?

And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!

Originally aired10/22/2025