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|Subject: Re: Pension info to consider||Date: 10/5/2012 2:46 PM|
|Author: gogreengo||Number: 71014 of 75379|
Thanks everyone! You guys are great! We're going to call them and ask a few questions, especially: What happens if he chooses to wait and take pension benefits at 65, but passes away before then? And, is there a cost of living allowance?
Other facts to mention:
My husband is in generally okay health. But, he is overweight and doesn't exercise. His triglycerides are high, and glucose should be a bit lower. And there is heart disease in his family.
We have 20-year term life on him for $750k (will bring us to age 62, costs $54 a month, can be renewed when the term is over), plus there's another 100k through his work, for a total of 850k. That helps me sleep better at night!
I am not legally disabled, but I am "dis-abled" in that I would find it hard to work right now due to some health stuff. I do have marketable skills, but if/when I do work again it will be as a self-employed person.
I'll get back with additional info soon.
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