No. of Recommendations: 0
Some number cruching and dreaming for thought. If the $609 per month were taken and invested in an S&P index fund that returned the historical average 11%, by the age of 66 and 8 months, one would have around $178k. What's magical about 66+?, that's when the amounts withdrawn from the pension are equal given the early lower and later higher payouts. The next question, how long would this $178k last to make up the difference in the payouts? About 33 years. So, IF one were disciplined enought, and IF one got historical returns, I'd be tempted to take the money early.


Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
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.