Retirement Estimator/Calculator

[Wally]

I have no idea. I’ve been trying to read and figure it out but don’t understand what I’m reading.

Sounds like a divorce contract.

 

[Thebrownblob]

I honestly do not know

 

[IVE GOTTA PACKAGE 4U]

View attachment 471305

It doesn't pertain to me so that's why I never looked for it

 

[Non liberal]

Sounds like a divorce contract.

thankfully I have no idea about that either….yet.

 

[DOK]

It doesn't pertain to me so that's why I never looked for it

Wonder if it shows part time pension if you had any part time years before you went driving, I have a few years part time.

 

[I have NOT been lurking]

Wonder if it shows part time pension if you had any part time years before you went driving, I have a few years part time.

5 minimum

 

[DOK]

5 minimum

So, no soup for me?

 

[I have NOT been lurking]

So, no soup for me?

Nein

 

[IVE GOTTA PACKAGE 4U]

Wonder if it shows part time pension if you had any part time years before you went driving, I have a few years part time.

My part-time pension is through the company and not through the Union
There's so many pension plans there's no way you can give anyone good advice on here

 

[Johney]

Because if you retire and you die it’s gone. Or if ups goes under or the union mishandles it, you get nothing.

That’s actually not true.

If you die before collecting here your spouse gets nothing.

 

[IVE GOTTA PACKAGE 4U]

That’s actually not true.

PBGC

 

[Non liberal]

That’s actually not true.

Yeah, it is

 

[Non liberal]

PBGC

So what happens if ups goes out of business? Why does the union bother to send the statements about our pension and how well funded it is?

 

[IVE GOTTA PACKAGE 4U]

So what happens if ups goes out of business? Why does the union bother to send the statements about our pension and how well funded it is?

Legally have to send a statements
And if it does go under just like any other pension funds there are some government guarantees on them

 

[Johney]

My part-time pension

 

[IVE GOTTA PACKAGE 4U]

View attachment 471313

It's a lot but it's worth a couple cases care a beer a month

 

[Johney]

It's a lot but it's worth a couple cases care a beer a month

Bud Light?

 

[IVE GOTTA PACKAGE 4U]

Bud Light?

It's really cheap right now
But they're getting ready to go on strike right now I might not be able to purchase any

 

[Non liberal]

Legally have to send a statements
And if it does go under just like any other pension funds there are some government guarantees on them

Some? Right, but there is a reason for that. I don’t care what anyone says is or isn’t guaranteed, I know enough to know that nothing is ever guaranteed in life. That’s also why it says the pension is only guaranteed for 36 mos. On my statement that comes in the mail. I was just giving the guy a reason as to why you would take the lump sum. Because it literally says on the statement, only guaranteed for 36 mos.

 

[IVE GOTTA PACKAGE 4U]

Some? Right, but there is a reason for that. I don’t care what anyone says is or isn’t guaranteed, I know enough to know that nothing is ever guaranteed in life. That’s also why it says the pension is only guaranteed for 36 mos. On my statement that comes in the mail. I was just giving the guy a reason as to why you would take the lump sum. Because it literally says on the statement, only guaranteed for 36 mos.

There's no survivorship options for you?
I have four choices

A 10-year certain payout
A 50% survivorship option
A 75% survivorship option
For 100% survivorship option
But each one of those comes with a cost