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I forgot that pensions are still a thing in some places. But when you calculate the the present value of the pension (ie discounted future cash flows), is the
by scarface_74 2y ago
I forgot that pensions are still a thing in some places.
But when you calculate the the present value of the pension (ie discounted future cash flows), is the difference between staying and going and making more money elsewhere worth it? (serious question, not trying to be combative)
- bluGill 2y ago> is the difference between staying and going and making more money elsewhere worth it? That is a great question that is at least partially unknowable. You cannot discount future cash flows without knowing how long you will live and thus how much you should discount. Also things like inflation are unknowable. As I said, I did leave. I stayed with the same company but found a different division. Which is the best of all worlds. I think, perhaps I could get a better offer elsewhere? If so would that better job still exist or would I now be laid off for months before finding a new job and thus destroying all the income gain from that new job? There are a ton of unknowable factors. I can say it worked out okay for me so far, but that is about it.