While pensions used to be the standard retirement benefit offered by companies, that is becoming less and less common. On today’s episode of the podcast, Phil talks about what options you have with a pension, why you might still need to save for retirement outside of the pension, and what to look out for. 
 
Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-77-status-of-the-american-pension/ 
 
Watch the video podcast: https://youtu.be/QxOntOo2jig 
 
What we discuss on this episode: 







Michigan is known for still having a lot of pension plans.

There’s more pressure on self-saving for retirement.

If someone has a pension, do they have an advantage in retirement?

Should you take a lump sum or monthly payment?

Ep 78: March Madness and Retirement Planning

Financial, tax and retirement planning guidance from Phil Putney. Each week Phil will talk about the keys to building a sound financial strategy that can survive throughout the ups and downs of the market. We'll have plenty of tax hacks along the way and other retirement facts!