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Author: BlueGrits Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 59829  
Subject: Re: Retirement meeting today--questions? Date: 10/24/2012 12:08 AM
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Error #2: I figured they'd calculate his pension based on his age being 63 at time of retirement in December, but since the pension actually starts in January of the year in which he turns 64, they use 64. So he's only docked 6% for "early retirement." <*snort*>

Delay taking the pension until the next year.

If you don't have savings to cover that, think about a home equity loan. You should be able to get those for a fraction of that six percent.
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