For seniors who have a defined benefit plan or pension plan, the pension payout options typically offer lump sum, single life and joint life options.
What’s worse? Dying young, or living well into a second century? Without question, the latter scenario presents a retirement planning conundrum. Last week, on April 14, Walter Breuning of Montana passed away. He had the distinction of being the world’s oldest man at age 114. His philosophy was to embrace change, according to a wonderful