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Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: Poll: retirement income||Date: 10/2/2012 11:16 PM|
|Author: ariechert||Number: 45730 of 63131|
"Won't she also have a pension or two from college teaching? And didn't she buy a rental property--or am I mixing Bonnie up with someone else's wife(!)? Anyway, you guys are gonna be sittin' pretty." Alstromeria
No pension as such. TIAA-Cref, 401K, IRA, and social Security. She'll be fine. When we started at Uni. of TN they ask you TCRS or TIAA-Cref. At that time I didn't know what the hell they were talking about. I chose TCRS and Bonnie chose TIAA-Cref.
We'll both get social security but since she's always made a whole lot more money than me she'll get a lot more than me, plus she plans to keep working till 66 and I plan on starting at 62. I don't plan on living as long as Bonnie does. Our family are famous for dying early. If I make it my mid 70's I'll be doing good.
Our little wooden house is paid for.
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