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http://boards.fool.com/according-to-the-state-website-calculator-i-29986974.aspx
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| Subject: Re: State pension vs Higher salary | Date: 4/19/2012 12:35 PM | |
| Author: 0x6a74 | Number: 70559 of 72499 | |
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According to the state website calculator, I could retire at 59 with a monthly income of about $3200 (based on my current salary). I make 78k now and put an additional 7% in a 457 every paycheck. I have about 100K in retirement funds so far, not including the pension account. as others have mentioned --more important you're doing something you like, with and for people you like ('love' would be asking too much <g>) 20 yrs is a long time if you hate getting up in the morning a lot can happen in 20 yrs and .. the way gov'ts are whinging about lack of money and threatening bankruptcy -- might not be a pension waiting at the end of those 20 yrs .. good luck |
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