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Started By
Message
What’s better: Retirement scenario
Posted on 11/20/18 at 8:40 pm
Posted on 11/20/18 at 8:40 pm
A six figure salary with a shite retirement plan like 30-40 years for 60%
Or a medium level plan where you start low but can eventually do alright and earn 90% after 25 years...
Or a medium level plan where you start low but can eventually do alright and earn 90% after 25 years...
13
Posted on 11/20/18 at 8:41 pm to TDcline
Do your own math homework
Posted on 11/20/18 at 8:41 pm to TDcline
quote:
What’s better
You putting this shite on the Money Board.
Posted on 11/20/18 at 8:45 pm to TDcline
Are my only options a pension?
Posted on 11/20/18 at 8:55 pm to TDcline
quote:
A six figure salary with a shite retirement plan like 30-40 years for 60%
Or a medium level plan where you start low but can eventually do alright and earn 90% after 25 years...
Can you translate this for us poor people without pensions?
I always wondered how they work.
Posted on 11/20/18 at 8:55 pm to TDcline
Just stick to your current sewer plant job
Posted on 11/20/18 at 8:56 pm to Tiger4Ever
401k and a Roth and REITs.
Posted on 11/20/18 at 8:56 pm to TDcline
What does this even mean
Posted on 11/20/18 at 9:08 pm to TDcline
quote:
A six figure salary with a shite retirement plan like 30-40 years for 60%
$60k minimum guaranteed a year is a "shite retirement"?
Posted on 11/20/18 at 9:13 pm to shutterspeed
quote:
$60k minimum guaranteed a year is a "shite retirement"?
I think he's talking about his personal retirement, not his help.
Posted on 11/20/18 at 9:16 pm to TU Rob
quote:
401k and a Roth and REITs.
I kinda wish I was poor enough to qualify for a Roth.
Posted on 11/20/18 at 9:17 pm to BigPerm30
Back door that shite
Posted on 11/20/18 at 9:17 pm to TDcline
Do pensions still exist for non-government workers? I honestly wouldn’t bank on a pension existing in 30 years, maybe if it was federal/backed by the USA. Municipal, parish/county pensions are suspect, state as well. Especially if you’re not retiring for another 20+years.
Posted on 11/20/18 at 9:18 pm to jimbeam
quote:
Back door that shite
I know how this works with your mom. Maybe I need a new CPA?
This post was edited on 11/20/18 at 9:19 pm
Posted on 11/20/18 at 9:26 pm to Ric Flair
My company (bank) has a really good pension actually. You have to put your time in but it scales up. I think it starts out at like 3% a year and if you’re there for 20 years, your golden with your 401k on top of that.
Posted on 11/20/18 at 9:28 pm to TDcline
Who's paying a 90% pension after 25 years? If this is your idea of a "medium level plan" what's a high end plan, 110% after 15 years?
Posted on 11/20/18 at 9:29 pm to TorchtheFlyingTiger
Posted on 11/20/18 at 11:26 pm to TDcline
Time value of money baw.
Posted on 11/20/18 at 11:40 pm to TDcline
Get fired from a P5 school.
Posted on 11/20/18 at 11:51 pm to TDcline
Pension plan/thread
Eta: I know I a plant baw with a pension. Only guy I know with one now. He works in administration(non union) and is not leaving anytime soon. He loves it. I’m hoping to get a job there in the new year. My pop worked at the picayune for a very long time. Back then a pension plan is all you had. He was lucky to be in on it.
Eta: I know I a plant baw with a pension. Only guy I know with one now. He works in administration(non union) and is not leaving anytime soon. He loves it. I’m hoping to get a job there in the new year. My pop worked at the picayune for a very long time. Back then a pension plan is all you had. He was lucky to be in on it.
This post was edited on 11/20/18 at 11:57 pm
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