$1 Million Now vs. $50,000 a Year for Life: Which Is Better?

Would you take $1 million today or $50,000 every year for the rest of your life? In this episode, Ryan uses that thought experiment to unpack one of the most useful ideas in retirement planning: the trade-off between a lump sum and guaranteed lifetime income.He and Aaron talk through how to actually reason about the choice, including how long you might live, what return the lump sum would need to earn, and how much certainty is worth to you. It is the same decision real retirees face with pensions and annuities. This is education, not personal advice, so the right answer depends on your own numbers and goals.Find "Your Fiscal Physical" the book on AmazonIf you have suggestions or feedback, please email us at: [email protected], as always, Stay the Course!