Third, some employers may offer additional benefits, such ashealth insuranceor life insurance, as part of their pension plan. However, there are also some potential disadvantages to pension plans. For example,
Similar to an ordinary annuity, you invest a lump sum with a life insurance company. However, instead of waiting until the end of the month or quarter to receive your first payment, you receive it at the beginning of the period. Subsequent payments are also received at the beginning of eac...
What is the difference between life insurance and annuity? How does a futures contract differ from a forward contract? What is the difference between an asset purchase and a stock purchase? What is the difference between the trial balance and the balance sheet?
Looking at that, you could swap the Lean FIRE and FIRE numbers on this chart, since a large number of people are riiiight on that $1,000,000 cusp between FIRE and Lean Fire, and hope to make the jump from lean fire to be the low-end of FIRE....