Showing 22 results of 272
So I have a pension and social security and I'm retired, just for argument sake, if my spouse gets half of my income will she get half of my pension AND half of my social security? She currently does ...
61YO next April. In the U.S. $1M retirement accounts, $250K non-retirement cash. Partner is stay-at-home, 16 years younger with $300K retirement accounts, contributes to IRA annually. No pensions. No ...
I (M66) reach FRA early 2024 at 66 1/2. I own my home and car, have some savings and investments, 401k, and a small pension. Simple 'back of the cocktail napkin' arithmetic leads me to believe I can a...
I am a teacher and can retire at 55. If I retire at 55, I can start getting my pension (about 45% of my salary because I am retiring before my 30 years of service). I’ve read that I cannot start...
For those retiring early: assuming you are waiting until 65 for a pension, and 70 for full SS benefits, how are you filling the gap until then? Are you tapping into savings? Skimming off interest? Wor...
Hello, wise and helpful people :) I'm (Single, no dependents, M58) planning to retire at 60 in the fall of 2024. My pension will cover 86% of my living expenses, and the remaining 14% will come from i...
As protests rage in France over pension reforms, we examine retirement ages and life expectancy around the world....
I've read through some posts about people being afraid of spending their 401k and most responses assume you aren't depending in the 401k to be your main source of income. The only pension I have may b...
Hypothetically, if you had a pension that you were given early in life (20+ years before normal retirement) that covered 90-100% of your expenses, would you retire early and reduce your expenses? Edit...
Hi guys how's it going? I was in the Air force for 13 years and for reasons I won't go into, I was medically discharged and placed on a pension and medically 'retired' at 31 years old. Due to being on...
Hello. I am retiring soon. I am receiving SSDI. I have a 401a and I also have a regular pension which I have the option to take payments or take a lump sum. I am going to take the lump sum, combine it...
Those of you who are retired and don’t have a pension and didn’t save 1mm dollars, how comfortable are you in retirement with SSec and a moderate retirement savings? Did you downsize your ...
I am 53m with wife, 53f, one kid, 15. Retired from military in 2020 with 70k pension that I am currently receiving. Wife gets 30k if I die first. I expect 35k/yr social security at 67. Wife will colle...
I'm currently 31. Planning to retire at 55. I work for my county government. As such. We are part of the state pension plan. If my income trends stay about how they've went. I'm looking at making appr...
Hubby 75 still working 9 months a year; I’m 62 are now work part time. Expect him to fully retire in 3-5 years. We are fairly set financially- both have state pensions, 401ks and SS (not me yet....
I'm 38 and about 2 years away from retiring from a highly stressful job. My pension (for life) will be about 72k a year, and I will have about 1.1 million in savings. If I stay at my job 5 years past ...
I’m 58. I retire with a $60k/yr pension for life in August. I have $250k in my IRA. I have $400k in a 457b. I will have roughly $650k in an account that can be either rolled to my IRA or taken a...
Hi guys, I was recently hired by a company and they have a retirement plan. This is my first job with this "benefit " and I don't really know anything about contributions or how the pension plan works...
Hi Reddit, Usually I just lurk but I’ve been feeling extra stressed about saving lately. Currently I am a teacher with 16k invested into my pension fund (however I may leave teaching and start o...
retirement in Canada Married couple 57m (A) and 55m (B) with no kid and no debt. A is still working with 140K salary and B has retired now with 30K per year pension for life and A has pension lump sum...
I'm planning to retire this year at 55. And would appreciate any feedback/suggestions on how I'm planning for it. Interest only Mortgage of 100k at 2% fixed for 5 years remaining. 700k pension - will ...
Been thinking on early retirement quite a bit recently. Have military pension and been doing contract work that keeps me on the road. Partner has at home business that finances would not be an issue. ...