u/Dramatic_Ad_413

Following a job change, my former employer is asking me to make a choice and offering the following:

1. Lump sum of around $47k taken now
2. Fixed (not indexable) 628$/month at retirement

I'm 45 and planning to retire at 65. For the sake of the conversation let's assume I live to 85.

I already have $150k in XEQT in a registered retirement account and the plan would be to add the 47k to that.

Any constructive suggestions?

Following a job change, my former employer is asking me to make a choice and offering the following:

1. Lump sum of around $47k taken now
2. Fixed (not indexed) 628$/month at retirement

I'm 45 and planning to retire at 65. For the sake of the conversation let's assume I live to 85.

I'm in Canada so the lump sum would be invested in a tax sheltered account.

Any constructive suggestions?

Suite au changement d'emploi, mon employeur m'offre une somme forfaitaire de $46472 ou 628$/mois à la retraite.

Que feriez-vous à ma place si j'ai 45ans et je prévois prendre la retraite à 65?

J'ai déjà $150 000 dans XEQT dans un compte enregistré prévu pour la retraite.

EDIT:

pas indexé (donc 628$/mois dans 20ans à partir de 2046)

Transférable au conjoint

Pas un rregop