Most people hope to walk into retirement with a nice little nest egg. But what if you’re staring down a $1.6 million check and wondering, Should I take it — or let the pension ride? That was the exact dilemma one New York City couple brought to Dave Ramsey.
Melissa called into "The Ramsey Show" to talk about her husband's upcoming retirement and the "final papers" in front of him. At 55 years old, he had a choice: take a $1.6 million lump sum now, or stick with traditional pension payments that would end upon death — or shortly after.
