Showing 42 results of 242
I'm not great with numbers, and not financially all that savy, so here goes. Please be kind. ? I'm almost 60. I'm planning to retire next year. I have 32 years in a state pension (and other investment...
Long-term employees in these industries are often able to retire comfortably....
Coming up on 60, and beginning to try to organize my retirement. I'm in pretty decent shape, I think....have one pension that starts when I turn 60 that is almost 50K, and another that is about 28K, a...
Four decades into the 401(k) experiment, it shouldn’t come as a surprise that employers are reconsidering pensions....
Im 56 have $490k in a Roth, $60k in Traditional IRA will collect $1299 in pension in 10 years with an estimated $3900 a month in SS in 10 years. $75k in savings. Can I retire in 10, or will I have to ...
Your thoughts. Almost 61m, just had 2 stents put in, pretty good family longevity. I started collecting my pension at 53. 1700 a month with 50% going to my wife if I die. I’ve been beating the p...
Nobody Wants Responsibility For Your Retirement So They’re Passing The Buck To You. Do You Know How To Benefit? Key Ideas The reason retirement planning changed from socialized to personalized. ...
I have a vested pension that I can take at either 55 ($1700/mo) or 60 ($2000/mo). I plan on working till 65, so the current strategy is to invest the entire monthly pension payment while I’m sti...
As the downsides of 401(k)-style plans become apparent, workers and some companies, including IBM, are showing new interest in defined benefit plans....
I'll retire next year from a state government agency. I know the spousal benefits are reduced by two-thirds of the government pension. Assume that my pension only has two options: Monthly payments of ...
Planning to retire early? Joe and Big Al spitball on bridging the gap to your retirement income when there’s a pension in the mix, today on Your Money, Your Wealth® podcast 456. Manley and h...
Both my husband and I will have pensions, in planning our budget for retirement how do I know how much to subtract for taxes? Between the two pensions our monthly gross pay will be roughly $8,300 -$8,...
I have vested in a monthly pension through TCDRS (Texas County and District Retirement System). In 9 years I will be age 60 and old enough to draw on it, $3137 monthly for my life. BUT, if I wait 7 ye...
There is no reason smallish firms won’t start to sponsor them, many do, like dentist offices, because the permitted tax-qualified contributions are larger in DB than DC....
I will be retiring with generous pension, paid in social security for 40 years full time. I’m told they will tax my SS benefit about 85%. I’m holding off applying until I know for sure. I ...
It looks like Ford employees won't get pensions as part of the UAW agreement. But there's a good business case for a pensions....
Taylor Swift has had a huge economic impact across the nation. Pensions also are an economic juggernaut, but they're often overlooked....
Throughout history, pensions have been a way for employers to attract workers, especially when the labor market is tight....
For those retiring early: assuming you are waiting until 65 for a pension, and 70 for full SS benefits, how are you filling the gap until then? Are you tapping into savings? Skimming off interest? Wor...
Hello, wise and helpful people :) I'm (Single, no dependents, M58) planning to retire at 60 in the fall of 2024. My pension will cover 86% of my living expenses, and the remaining 14% will come from i...
As protests rage in France over pension reforms, we examine retirement ages and life expectancy around the world....
Wondering if anyone has a pension & a Roth IRA account. Is it worth it? Is it too much? My company offers a pension that they pay in to, no cost to me. Our package is currently $70/month/year of s...
I am not sure if this is the right forum to post question. submitted by /u/afunbe[visit reddit] [comments]...
Yesterday, French workers amped up their protest over President Macron’s proposal to cut pensions by raising the retirement age from 62 to 64....
Or is there a better subreddit? Thanks! submitted by /u/iamsoouttahere[visit reddit] [comments]...
To explain, I went on disability 8 years ago after I was fired from my 28-year career (state government). I am entitled to retirement pension this month. HOWEVER, I now owe over $15k in med bills and ...
From Alaska to Florida, America’s state and local governments have been pushing their workers out of pensions into 401(k)-type retirement plans—misleadingly claiming the retirement benefit...
submitted by /u/Detroit3_1_3[visit reddit] [comments]...
Can't seem to find any meaningful work. My body just can't handle stuff I'm good at (type of work I'm doing now) and I've found that absolutely nobody wants to hire an old guy as a software developer....
I am 53m with wife, 53f, one kid, 15. Retired from military in 2020 with 70k pension that I am currently receiving. Wife gets 30k if I die first. I expect 35k/yr social security at 67. Wife will colle...
I'm currently 31. Planning to retire at 55. I work for my county government. As such. We are part of the state pension plan. If my income trends stay about how they've went. I'm looking at making appr...
I'm 38 and about 2 years away from retiring from a highly stressful job. My pension (for life) will be about 72k a year, and I will have about 1.1 million in savings. If I stay at my job 5 years past ...
I’m 58. I retire with a $60k/yr pension for life in August. I have $250k in my IRA. I have $400k in a 457b. I will have roughly $650k in an account that can be either rolled to my IRA or taken a...
I'll be receiving a lump sum cash pension when I eventually retire. How do I invest it? submitted by /u/Top-Specialist-9273[visit reddit] [comments]...
February 6, 2023 Welcome to another installment of my Safe Withdrawal Rate Series. See the landing page of this series here for an intro and a summary of all posts I’ve written so far. On the me...
Hello. I am 58 retiring at 60 with a public pension of $2700 and would have a base $1200 monthly SS (at full SS age 67) coming from pre-pension jobs. However, my SS is subject to the full monthly WEP ...
Im thinking about taking a job that would be a 40K pay cut but would give me a pension in 12 years. So just to have numbers to work with I make about 175,000 right now but the job Im considering is ab...
Funding your early retirement with a Defined Pension Plan is a fortunate thing to have. However, you may have serious decisions to consider before taking......
Been thinking on early retirement quite a bit recently. Have military pension and been doing contract work that keeps me on the road. Partner has at home business that finances would not be an issue. ...
Some states have pension exclusions with limitations based on age and/or income. But these states don't tax pension income at all, no matter how old you are or how much money you have....
Imagine you are on the verge of retirement and you have a pension plan with your employer. Every year you have to make two decisions regarding your plan. First, you have to decide whether to retire (a...
Next time you hear "people used to have a pension," think "people used to save 15-20% of their pay." Nothing stops you from doing so today, unless you don't want to....