Subject: Re: Purchasing service credit at retirement age?

I was looking at this the other night and I would lean towards paying the extra money if it is a true COLA pension. I have one that is advertised as COLA but it has limits and doesn't match the CPI rate. If you think the market will do well or don't want extra fixed streams of income, then just keep the money in your normal investments.

I was looking at immediateannuities.com for that amount and while it starts off much higher, it has no inflation adjustment and at 3% inflation, the pension would extra it within 10 years.

Personally if I could move more of my portfolio into a COLA pension-like investment, I would for safety/peace of mind.


Rich