Quote:
Originally Posted by heep223
Plus he's wrong. AIMCO manages the public pension funds in Alberta and they do a terrific job. Maybe he pulled the 2011 return and used it to suit his argument? Quick google search for the last 5 years of returns (net of fees):
2015: 9.1%
2014: 9.9%
2013: 12.5%
2012: 10.2%
2011: 4.8%
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Well even if the rate of return is equal to what you can do yourself, there are a lot of other considerations aside from the inheritance issue. I mean yeah if I was 54 years old and diagnosed with a terminal illness then that might weigh heavily on my decision to take the commuted value, and there are going to be some cases. But to give blanket advice about a DB pension because you think you can earn a little more is just not responsible.