Are you delaying retirement? How long?

[over9five]

She will half regardless then...

And then some..

Unless by "leave" he meant something else!

 

[Thebrownblob]

She will half regardless then...

And then some..

Dammit

 

[Thebrownblob]

Unless by "leave" he meant something else!

That would be more likely to happen to me lol!

That trip she’s planning for the Grand Canyon when I retire is kind of suspect now that you say it.

 

[tourists24]

If my wife would hurry up and leave me, I wouldn’t have to worry about it!!

I tried dropping my wife off in Massachusetts,,,,, but she found her way back home

 

[Wally]

Good info.
As I am retiring soon, I have wondered what to do with my 401k. Roth conversion? So you'd pay tax now to move the money, but not when you eventually withdraw it?
Also, that widowers option bothers me. That is a huge loss, much more than what he was estimating. Here, we lose well over $1000 per MONTH.
I guess I should go see an advisor. Looked at this guys site, but he's in Ohio. Road trip? I dont think so, need someone in Mass.

My plan has a 10 year guaranteed pay out. We went for the single annuity choice but I have 3 life insurance policies. Only way that option works. If my wife passes before me I could cancel.

 

[IVE GOTTA PACKAGE 4U]

My plan has a 10 year guaranteed pay out. We went for the single annuity choice but I have 3 life insurance policies. Only way that option works. If my wife passes before me I could cancel.

On the pension estimate i got last year was

10 year certain was about 3%
50% was 8%

75% was 12%
And 100% was 16%

Approximately

A lot has to do with your age and also your spouse's age

 

[Brownwind]

I tried dropping my wife off in Massachusetts,,,,, but she found her way back home

I don’t know you personally but Massachusetts???

 

[Over70irregs]

The survivorship option is very expensive, especially if you take one hundred percent

Life insurances isn't cheap either

Will take full $ option. Screw them.

 

[tourists24]

I don’t know you personally but Massachusetts???

nothing against Massachusetts,,,,,, it's just 1,000ish miles from home lol

 

[Brownwind]

nothing against Massachusetts,,,,,, it's just 1,000ish miles from home lol

Nice response. I was wondering why.

We use that joke but substitute with Arizona

 

[IVE GOTTA PACKAGE 4U]

Will take full $ option. Screw them.

No survivorship?

 

[Johney]

Will take full $ option. Screw them.

Here your wife has to agree and sign off on that option, so you'd better kill her first if it's the same for you.

 

[Wally]

Will take full $ option. Screw them.

Yea, if you kick it's their problem! If not, cash in the pocket!

No survivorship?

Every man for themselves!

 

[IVE GOTTA PACKAGE 4U]

Yea, if you kick it's their problem! If not, cash in the pocket!

Every man for themselves!

That's not very nice
Got to make sure thr wife is taken care of.

 

[Wally]

That's not very nice
Got to make sure thr wife is taken care of.

You won't know if you kick first.

 

[IVE GOTTA PACKAGE 4U]

You won't know if you kick first.

Sorry I couldn't do that.

 

[Over70irregs]

No survivorship?

Nonzo.. Like having government take extra $ for tax return. That $ deducted will be invested by my fingers. They WILL not invest it for me. 10 years buying power will be cut by 50-60%. Just got another text message to buy my house. Assets are going .

 

[Over70irregs]

Here your wife has to agree and sign off on that option, so you'd better kill her first if it's the same for you.

If you lay out the math it makes sense. When we start they don’t tell you about the survivorship discount…..you are in survival mode.
Getting fleeced
(The S&P 500 erases -$1 TRILLION of market cap and posts its largest daily decline since March 10th.)

 

[Over70irregs]

You won't know if you kick first.

Besides she will find someone else after your gone sirs. You know I’m right.

 

[Over70irregs]

That's not very nice
Got to make sure thr wife is taken care of.

She good…