Even though we’re only halfway through August, the weather ’round here has been surprisingly mild, bringing to mind thoughts of the coming Autumn. For those in the audience that are big fans of the Summertime, I’m sure you can understand what my headline means – good grief, we have hardly had any Summer weather this year at all here in Central Illinois! It’s been so mild and rainy ever since the Spring – why, we’ve only this week begun to harvest any tomatoes from our garden! I can’t imagine that the past week or two of very mild weather (low 80′s) will maintain without raising temperatures back up to our normal 90′s, but it does make you wonder, doesn’t it? I sure hope we’ve got a little more Summer in store for us – I’ve barely gotten to put a fishing line in the water!
In this month’s edition, we’ll work through an example of a pension question that comes up quite often: when should I start taking payments? As you’ll see, it gets pretty complicated, but hopefully the examples I provide will give you a foundation to begin thinking about as you address this question in your own life.
I can learn from you, you can learn from me - please leave your comments and links!Jim Blankenship, CFP®, EA, is an expert in personal retirement, IRAs, and tax issues, with more than 20 years of experience in the industry. . Read more from this author
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And if you've come here to learn about queuing waterfowl, I apologize for the confusion. You may want to discuss your question with Lester, my loyal watchduck and self-proclaimed "advisor's advisor".
