This video breaks down the commuted value concept. It's crucial to consider different viewpoints, especially if you're single. Learn about pension benefits and making informed decisions. Tag someone who needs this! #CommutedValue #Pension #Retirement #FinancialPlanning #SingleLife | TvH CacheFlo Solutions | Facebook
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This video breaks down the commuted value concept. It's cruc…
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How Do I Calculate My Pension’s Commuted Value?
How Do I Calculate My Pension’s Commuted Value?
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2.2K views · 30 reactions | Should you take the commuted value of your pension? This isn’t a one-size-fits-all move. It depends on your age, retirement goals, and other income sources. Book a consultation to explore your best option. | Eli the Money Guy | Facebook
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Interest rates dropped this week, and suddenly the phones start ringing: “Bruce… does this mean my pension is worth more?” Short answer: Yes — if you’re taking the commuted value. Lower interest rates = higher commuted value. It’s why people who retired in 2019–2020 saw massive payouts. But here’s what surprises almost everyone: A higher commuted value does not change your monthly income if you choose a copycat annuity. The actuary just looks at your promised pension amount and calculates how mu
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