Detailed text transcripts for TV channel - CNN - 20100316:16:48:00
Start paying them down. if you can knock out of bunch of them it's going to be easier to tackle that debt. >> it's true. if you get somewhere into it. next question is from lawrence. i'm 55 years old and in good health. do you have a formula for knowing when to take a lump sum payment versus a monthly pension check. that's a dicey one, doug. what do you think? >> there's no magic formula. someone is 55, that comes to mind that's probably a reduced pension number. you usually get a reduction for not waiting until 60 or 62. whatever the number is, one of the places to go to compare what you're g...