Saying it and showing it are two different things. You've yet to post anything official on it growing 10% every year you delay. Good luck!
How Bad Will Peak Be?
- Thread starter MassWineGuy
- Start date
falcon back
Well-Known Member
You are correct. Actually it is somewhere between 10 and 11%
falcon back
Well-Known Member
Don't need luck when the Retirement Department AND the website confirms you are mistaken. Too bad.
And yet you can't post a screenshot proving that. So sad.
You haven't heard? Falcon Fart says by waiting until 65 instead of 60 he'll grow his pension 10% a year. With compounding he'll get an 80% pension from the company that just loves giving away free money to employees. Next he'll feed all the FedEx employees at Thanksgiving with the loaves and fish in his basket. To top it off they'll party on New Year's with the water he turned into wine. What a guy!
falcon back
Well-Known Member
falcon back
Well-Known Member
Feeling festive It's the holidays. Goes from 62 to 65. Notice the increases. Have a nice day
It's the combination of your traditional pension and your PPA. Nice try.
falcon back
Well-Known Member
The word "Monthly" below the TPB and the word "Onetime" below the PPB disputes your theory. How do you explain the yearly increases? You asked for a screenshot. I felt generous because of the holidays and you refuse to accept the facts that are DIRECTLY from the Retirement website. LOL!!!!
How do I know you didn't alter them? Nope, based on everything you've said over the years on this website I choose to not believe you.
falcon back
Well-Known Member
The sweet feeling of proving tex wrong and he still denies the yearly increase of the 2 pensions DESPITE giving him the screenshot he has asked for, over and over.
oldrps
Well-Known Member
Based on the numbers you provided, I calculate that you would increase your pension by about 5% a year over the time you collect your pension if you live to the average life expectancy of 79. You would have to retire at 65 and live to 110 to increase the pension by about 10%. The percentage difference from 62 to 65 would be about 15% increase at 79 and a little over 30% if you live to 110.
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falcon back
Well-Known Member
The numbers on my screenshots increase by roughly 10% for every year that you delay taking your pension after you retire. I have been retired a few years and will most likely wait a total of 5 years before commencing my pension. The website will not let you go back to the day you retire to begin calculations, it will only let you use your current age, so that is why it began at 62. My break even age is roughly 72 and a month or so for my delaying plan to work. Even if I pass before that, my wife will realize the increase with her share of my pension. I am not sure I follow your math because it looks like you think I haven't retired yet.
falcon back
Well-Known Member
I did and you can't understand the charts. So sad.
Cactus
Just telling it like it is
Those pictures look like crap too. Either that or we all have glacoma.
falcon back
Well-Known Member
I read them and oldrps read them. Might use your Obamacare and get your eyes checked. No matter the quality, the facts speak for themselves
falcon back
Well-Known Member
Looks fine on my phone. Maybe you should upgrade your brickphone
Pretty certain on the screenshot you posted it says with no beneficiary. Might not tell the wife about that or you will have falconed your last fart.
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