Why a Pension Changes the Way You Should Plan for Retirement

I explain how having a pension changes the fundamental logic of your retirement planning and why most people are accidentally losing hundreds of thousands of dollars by following standard investment advice. CHAPTERS 0:00 - The Pension Trap 3:45 - The Allocation Mistake 7:20 - The Cost of Safety 9:37 - The Hidden Tax Trap 14:25 - Marcus's Costly Errors 17:15 - Annuity vs Lump Sum 21:11 - Sequence of Returns Risk 24:25 - The Three Level Framework