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<blockquote data-quote="Brown too long" data-source="post: 253937" data-attributes="member: 12007"><p>Yours are all valid points. As I said this may not be for you. Everyone has to weigh all factors and make the best decision for their situation.</p><p>The 250K invested and with only a 6% return would be 15K. For me half my pension for the wife would not be a great lot more. As to the plan after year 21 our 401K, Social Security, and 21 years of good investments will fill the gap I hope. We have a 100 acre farm that is paid for and have been able to save enough to make up any difference in the half pension my wife would recieve and the earnings off the 250k.</p><p>One other point that I am factoring in is CS underfunding. The buyout will only kick the can a few more years down the road. One day CS is going to have to pay the piper and the money is not there now and I have my doubts it will ever be solvent. With UPS gone I see CS slowly sliding down.</p><p>I looked at the pension plan and I was wrong about the 5 Year full check garantee. Your wife would get it but only for 5 years after your retirement date. Not 5 years after your death.</p></blockquote><p></p>
[QUOTE="Brown too long, post: 253937, member: 12007"] Yours are all valid points. As I said this may not be for you. Everyone has to weigh all factors and make the best decision for their situation. The 250K invested and with only a 6% return would be 15K. For me half my pension for the wife would not be a great lot more. As to the plan after year 21 our 401K, Social Security, and 21 years of good investments will fill the gap I hope. We have a 100 acre farm that is paid for and have been able to save enough to make up any difference in the half pension my wife would recieve and the earnings off the 250k. One other point that I am factoring in is CS underfunding. The buyout will only kick the can a few more years down the road. One day CS is going to have to pay the piper and the money is not there now and I have my doubts it will ever be solvent. With UPS gone I see CS slowly sliding down. I looked at the pension plan and I was wrong about the 5 Year full check garantee. Your wife would get it but only for 5 years after your retirement date. Not 5 years after your death. [/QUOTE]
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