The monthly pension pays like a bond that you cannot outlive. At age 62, $400,000 versus $2,500 a month depends on how long you live and what you could earn on the lump.
Read more about Pension Lump Sum vs Monthly Payments: How to Compare the OffersOne point costs $3,500 on a $350,000 loan and trims the payment by about $59. Whether that is worth it depends on how long you keep the loan.
Read more about Mortgage Discount Points: When Is Paying for a Lower Rate Worth It?The only refinance math that matters: closing costs divided by monthly savings. Here is a worked example, why resetting to 30 years can fool you, and a simple checklist.
Read more about Mortgage Refinance Break-Even Point: Is It Worth It?The honest answer to "should I rent or buy?" is a year number, not a verdict. Here is how to find yours, what drives it, and why 2026 rates stretch the break-even point.
Read more about Rent vs Buy: How Long Until Buying a Home Wins?Each year you wait raises your check for life. Whether it pays depends on your health, your other income and whether you are married. Here are the monthly amounts and break-even ages.
Read more about Social Security at 62 vs 67 vs 70: When Does Waiting Pay Off?
