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Brown Cafe UPS Forum
UPS Retirement Topics
UPS Special Pension Buyout Offer - December 2016
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<blockquote data-quote="Catatonic" data-source="post: 2384600" data-attributes="member: 7966"><p>H</p><p></p><p>Go on the internet and find an annuity that will pay $1073.61 per month for life beginning at age 65.</p><p>The lump sum UPS will offer will most likely be around 40% of that cost of buying an annuity if you are age 65.</p><p>In your case, the total annuity would be $163,000.</p><p>If you bought that annuity in cash at age 35, the cost would be around $101,000 based on 6% ROI.</p><p>UPS will most likely offer you around $40,000.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 2384600, member: 7966"] H Go on the internet and find an annuity that will pay $1073.61 per month for life beginning at age 65. The lump sum UPS will offer will most likely be around 40% of that cost of buying an annuity if you are age 65. In your case, the total annuity would be $163,000. If you bought that annuity in cash at age 35, the cost would be around $101,000 based on 6% ROI. UPS will most likely offer you around $40,000. [/QUOTE]
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