With the stock market plunging. . .

[bogey21]

I think taking the annuity (Pension with COLA) rather than a lump sum when I retired 21 years ago has added 5 years to my life expectancy. I know me. Living with the rational or unrational (you make the call) gyrations in the stock market would have affected my health...

George

 

[VacationForever]

I think taking the annuity (Pension with COLA) rather than a lump sum when I retired 21 years ago has added 5 years to my life expectancy. I know me. Living with the rational or unrational (you make the call) gyrations in the stock market would have affected my health...

George

There was a study which showed that people with a decent size pension tend be happier and they live longer because the stress of worrying about
where their retirement income is going to come from is removed. They also strive to live longer to keep getting paid...

 

[Brett]

The stock market is setting new record highs ! (tech stocks, not industrials or manufacturing)

in today's Wall Street Journal -

"The divergence in the performance of the major U.S. stock indexes this year is the widest in more than a decade. A surge in big technology stocks has helped the Nasdaq Composite rally 13% in 2020, while the Dow Jones Industrial Average of blue-chip stocks is down 8.3%.
The stay-at-home practices adopted to help slow the spread of the virus have accelerated digital trends that have benefited many big tech stocks. Shares of Apple, Microsoft, Amazon, Alphabet and Facebook have rallied this year, led by Amazon’s 50% advance. Other industries haven’t kept up. "