brownmonster
Man of Great Wisdom
Mine is 3354 a month before taxes and insurance. I clear 2395 a month. Thankfully the wife still works.
Pension security
- Thread starter Kidlogic
- Start date
BrownFlush
Woke Racist Reigning Ban King
BrownFlush
Woke Racist Reigning Ban King
With the my pension and SS coming and the wife's SS (she never worked) $5,811.00 month.
It was tight more than once in the years between retiring and SS but well worth it because .... no UPS.
ski or die
Ski or Die
BrownFlush and Rod are just a couple of young whippersnappers. I retired with 30 years to the day at 49 years old. And as BrownFlush said "No UPS". Life is good.
BrownFlush
Woke Racist Reigning Ban King
Lucky dog....I feel cheated out of 3 years now..lol
I remember chuckling at those bumper stickers about spending the kids inheritance. That really does begin for us now.
Bought the RV. Gonna take the Social Security Tour of the country while our new house is being built at the beach.
Praying for good health for some quality years to enjoy.
Last edited:
rod
Retired 23 years
Your chances of good health are increased greatly when you retire early. I've enjoyed close to 18 years of great health (knock on wood).
Brownslave688
You want a toe? I can get you a toe.
$6200 pension and is worried taking 401k money out immediately. Smh
Brownslave688
You want a toe? I can get you a toe.
Your single in Maine and can’t live off just your pension money?
If you can't live off of that...
Brownslave688
You want a toe? I can get you a toe.
You’ve got 38 years in. The math doesn’t add up.
542thruNthru
Well-Known Member
$6200 if he waits another 7 years. Still work 2 more and retire with $5k and you should be able to live just fine.
Makes no sense to me.
542thruNthru
Well-Known Member
39 years in 7 years.
Brownslave688
You want a toe? I can get you a toe.
That’s right I was adding the 7 to 39 was how he first said it.
That is the one major downfall to starting young. If things stay how they are. I’ll have 35 years driving before I can retire with my insurance.
542thruNthru
Well-Known Member
Opposite for me. We have peer 80. I could retire at 49 if I really wanted to. I think I'll go till 52 max, at least that's the plan.
BrownFlush
Woke Racist Reigning Ban King
Ahhhhhh..52...a very good year.
Our pensions aren't indexed to inflation, in 15 years that 5k will only be worth about 3.5k in today's dollars (assuming 2.5% annual inflation). Something to think about.
That's why you need a 401k to give yourself a yearly raise
542thruNthru
Well-Known Member
I understand but then he will get his 401k and SS by then also.
And their is no guarantee of his pension not getting cut
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