UnThreaded | Threaded | Whole Thread (33) | Ignore Thread Prev | Next
Author: ptheland Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 81371  
Subject: Re: Buy years or buy stocks Date: 9/11/2013 12:31 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 4
Is there any pressing need to make this decision now?

My assumption is that once you choose to buy some years in the retirement plan, you can't change your mind and get your money back. Can you buy the years of credit later? Ideally, you could buy them just before retirement and choose whether to increase her retirement benefit then or just use the money during her retirement.

If you have to choose now, you also have to factor many uncertainties into your decision. Not just the uncertainties of investment returns, but also the uncertainties around life. Will she continue to work there until retirement? Will you get a new job in a different city and want to move, ending her employment before retirement? Will there be a disability or injury or illness that prevents her from working?

This strikes me as the kind of decision that is best delayed as long as possible.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (33) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.