New Pension Booklet says 100% at 62!

[IVE GOTTA PACKAGE 4U]

Leave when you say you are. Just do it. I second guessed my leave time over and over, but I just said it I'm leaving if I keep second guessing myself I'll never leave.

That's the same advice my wife gave me.

I gave her a date range and she told me I better stick to it

 

[Just A UPS Guy]

That's the same advice my wife gave me.

I gave her a date range and she told me I better stick to it

We save and should be set when I can leave in 11 years. I'll be 55 and she'll only be 50, so if she can't retire with me, I told her I'd still work....on my golf handicap.

 

[BrownFlush]

But if today was your day to retire, with all the stuff going on in the world would youstill walk out the door?

Take a chance.
Columbus did.

 

[IVE GOTTA PACKAGE 4U]

Take a chance.
Columbus did.

I don't want my crew to die from scurvy

 

[BrownFlush]

I don't want my crew to die from scurvy

Make sure you’re floating on the Santa Maria.

 

[Johney]

That's the same advice my wife gave me.

I gave her a date range and she told me I better stick to it

Good for her. Mine was a little apprehensive about me leaving, but now that I have she's much happier.

 

[IVE GOTTA PACKAGE 4U]

Good for her. Mine was a little apprehensive about me leaving, but now that I have she's much happier.

She's more concerned about my well-being and I'm more concerned about her ability to pay the bills and live a good life in casesomething happens to me

 

[Mr. Marshall]

The new booklet I received last month says that at 62 ( with at least 20 years) we will receive 100% of our accrued benefit. It used to be 65 for 100% and 6% less every year you retire earlier than that. Now it's 100% down to 62 and 94% at 61, 88% at 60... The online pension calculator isn't up to date because it takes it off each year before 65.

You got me excited as I had read this post the other day and then I received the book in the mail on Saturdayand saw the 62 and 100 percent number as well. Unfortunately, I then went to Upsers and ran the numbers on the retirement calculator and then hit the show how the calculations were done button and looked at the numbers and they only did the 6 percent reduction until age 62 so the numbers were correct. It's a 42 percent hit for retiring at 55 (which is the number I'm most interested in). The main page still lists "normal retirement" age as 65 but the calculations are correct assuming you have the 20 years in.

 

[burrheadd]

She's more concerned about my well-being and I'm more concerned about her ability to pay the bills and live a good life in casesomething happens to me

Her new man will take care of all that
No worries

 

[IVE GOTTA PACKAGE 4U]

Her new man will take care of all that
No worries

Thanks for the support...

 

[Re-Raise]

Her new man will take care of all that
No worries

I was hoping she would take care of me!

 

[Rabrown]

How old you want to be out here packing cardboard like a damn mule?
55 and 30 years is plenty long enough to do this job

it matters to the plan though. It needs to be a minimun age of 65 and 30 years of service to make the plans healthy.

 

[Coldworld]

How old you want to be out here packing cardboard like a damn mule?
55 and 30 years is plenty long enough to do this job

Young mans game…at least hub/pkg

 

[BrownFlush]

We save and should be set when I can leave in 11 years. I'll be 55 and she'll only be 50, so if she can't retire with me, I told her I'd still work....on my golf handicap.

Hold on, fren.
From 39 to 50 she will turn into… “ OMG! Who is this hell? The wonder years of menopause.
It’s when men pause and think you’re really in hell.
A time of deep reflection is coming. Should I bang the 25 year old? Is giving her two thirds of everything and half my pension worth it? Many a good man have answered yes to these questions and more. Golf handicap? Probably. You may be wheelchair bound after she severs your spine with a one iron.