The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/according-to-the-state-website-calculator-i-29986974.aspx

Subject:  Re: State pension vs Higher salary Date:  4/19/2012  12:35 PM
Author:  0x6a74 Number:  70559 of 75383

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
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us