Firms are increasingly offering retiring employees a choice of whether to take a lump-sum payment now or
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Firms are increasingly offering retiring employees a choice of whether to take a lump-sum payment now or receive monthly payments for the rest of their lives (http://www.fidelity.com/viewpoints/personal finance/lump-sum-or-monthly-pension).
Discuss the benefits and drawbacks of accepting the lump sum payment taking into account discounting, inflation, and uncertainty.
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An individual should take a lumpsum retirement payment only if it exceeds the present value ...View the full answer
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EDNE BECERA
I am a graduate of BS Chemical Engineering at STi-West Negros University way back 2006. After review for and passing the board exam, i started working for a Japanese plating company as a Quality Assurance In-charge, and alter on promoted to a vacant position in the Environment Department, where until now, I am working in that field. I really love teaching even when I was a college student, so I started doing part-time tutorial jobs for 2 high-school students. Eventually, when I started working, i still enjoy much of my extra hours with elementary and some high-school students, teaching them on match and science subjects.
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