On the Money: Social Security, Pension vs. Lump Sum, 1987 Crash

On this episode of "On the Money," Paul Ruedi, David Ruedi, CFP®, Ryan Repko, CFP®, and Dr. Fred Giertz calculate the return of delaying Social Security, discuss the decision between monthly pensions payments and a lump sum, and look back on the 1987 crash.

(2:04) Bond buybacks

(7:31) Social Security Cost of Living Adjustment

(8:50) Taking Social Security while you are still working

(12:28) Calculating the return of delaying Social Security

(18:34) Pension choices: lump sum vs. annuity

(32:51) Caller comment on the impact of losing a spouse: change in tax filing status can be a significant surprise.

(35:25) Doing Roth conversions to avoid the widow’s penalty

(39:30) Looking back on the 1987 crash