Coldworld
Well-Known Member
Still remember some of the old time mgt crying when we were able to do this...they thought this was the final nail in the coffin for brown when they let the teamsters start buying their precious shares.
Teamsters 401k ?
- Thread starter vmgr152
- Start date
There used to be in the center of to be a management not so much anymore
upschuck
Well-Known Member
That is about what my 75% survivorship would be. My wife is less than a month younger than I am.
100% options about 15%
upschuck
Well-Known Member
We don't have that, only 50 and 75%
The four options I have are
10 year guarantee payout
50% survivorship
75% survivorship
100% survivorship
upschuck
Well-Known Member
They all should have that 10 year guaranteed payout. They've put enough money into it.
No doubt
But that is a good option if you're not married and you want to leave your pension to someone in case you pass away
tourists24
Well-Known Member
Had to weigh the pros and cons. She makes daddy the good money now she’ll get some extra loot later lol
17-year difference has to be huge penalty on the pension.
tourists24
Well-Known Member
Not enough to keep me from retiring at 55. Like I said…. Ya weigh the pros and cons
Good for you
I'm just not sure how much penalties I feel like working off.
The dollar amount is pretty large
Johney
Pineapple King
oldngray
nowhere special
It depends on the plan you are in. The 6% per year penalty is only one way of calculating your pension.
tourists24
Well-Known Member
It’s always scary taking that step after so many years of steadiness. You just gotta do the math and pull the trigger. Scary until you see the other side of the pasture lol
Sissy Brown Short Shorts
Well-Known Member
Before the biden economy went belly up I was doing 10% contributions. 5% is the max match so I was just making up for it. Couldn’t afford it anymore but it did build nicely while it lasted. I’m under the assumption that the pension and social security will be long gone by the time I’m retired and this 401k will be the only thing I have. Maybe we’ll be the last ones laughing.
tourists24
Well-Known Member
It’s a smart idea to envision your retirement without a pension and prepare…. And if that pension is there; bonus
oldngray
nowhere special
Same as with social security
Coldworld
Well-Known Member
They are going to keep SS as solvent as possible... don't need the greatest generation and the boomers banding together and raising hell with their scooters, walkers and canes.
Not sure that's reason enough to continue to work here and die behind the seat.
Coldworld
Well-Known Member
Damn... seriously taking a chance every time she wants to have sex...possibly be your last.
