How Bad Will Peak Be?

Realistically, How Bad Will Peak Be?


  • Total voters
    58
  • Poll closed .

falcon back

Well-Known Member
Great plan....Should work out fine....As long as your old lady continues to work and she doesn't mind you laying around doing nothing all day and living off her income while she's out there working her tail off.
Both retired and living the dream. Too bad you can't find a woman to be in your life. Very understandable why that is though.
 

Swanson

Henry Swanson's my name, and excitement's my game.
That figures.
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bacha29

Well-Known Member
Both retired and living the dream. Too bad you can't find a woman to be in your life. Very understandable why that is though.
Unlike what you did I did not take life's challenges and realities and just dump them onto another person . And contrary to what you believe there's nothing intelligent or virtuous in doing what you did. You clearly believe that while you're "living the dream " it has come courtesy of your wife's hard labor that is perfectly acceptable.
 

Cactus

Just telling it like it is


Hey Cactus, when are you gonna admit you were wrong about the TPB increase? It has now been proven on here I was 100% correct and you were 100% wrong. Take that foot out of your mouth and say you were wrong. LOL
No idea what you're talking about.

You got me mixed up with someone else. And that there would make you 100% wrong.

 
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falcon back

Well-Known Member
Unlike what you did I did not take life's challenges and realities and just dump them onto another person . And contrary to what you believe there's nothing intelligent or virtuous in doing what you did. You clearly believe that while you're "living the dream " it has come courtesy of your wife's hard labor that is perfectly acceptable.
LOL. If you ever had a woman, you would know what a marriage is all about. Our dream was made possible by both of us having a plan and sticking to it. Now we are reaping the rewards of our plan. And don't forget, in a few years I will start drawing my 80% Traditional Pension that I have talked about and you never believed was possible. Doesn't it make you green with envy that you weren't savvy enough to have that same pension benefit when you retired.
 

falcon back

Well-Known Member
No idea what you're talking about.

You got me mixed up with someone else. And that there would make you 100% wrong.
You always said the TPB didn't increase like I suggested. Now that I posted the wording from the Retirement website and my claim was verified by clutter, we are waiting on you, tex, bacha, tupac to admit you were 100% incorrect. LOL
 

Cactus

Just telling it like it is
You always said the TPB didn't increase like I suggested. Now that I posted the wording from the Retirement website and my claim was verified by clutter, we are waiting on you, tex, bacha, tupac to admit you were 100% incorrect. LOL
Never got involved in THAT pissing contest.

Now, :censored2:
 
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Cactus

Just telling it like it is
LOL
Knew you would deny being wrong once I was proven correct. That's ok. I expected that from you.

Have a nice day
Yeah go ahead and put words in my mouth as a feeble attempt to make you look cool. Besides, just who proved you correct anyway?

You've messed up so much on this forum that no one except for Swanson (you know your second account here) is ever gonna give you any credibility or respect since you pissed that all away back when you were Oldfart. Why do you insist on infesting this forum where everyone despises you?
 

bacha29

Well-Known Member
LOL. If you ever had a woman, you would know what a marriage is all about. Our dream was made possible by both of us having a plan and sticking to it. Now we are reaping the rewards of our plan. And don't forget, in a few years I will start drawing my 80% Traditional Pension that I have talked about and you never believed was possible. Doesn't it make you green with envy that you weren't savvy enough to have that same pension benefit when you retired.
Not in the least. Your ramblings on here clearly exposes your profound insecurities . You clearly believe that your retirement places you in an elite sector of American society. Well, pal do you know the number of people in this country who retire every month? Well pal, here is the number..... on average.....140.000 EVERY MONTH. And you think you're somebody special and did something extraordinary. Well, inside your small little world it might seem a really big deal. Outside of it?.... Nobody cares.
 

falcon back

Well-Known Member
Not in the least. Your ramblings on here clearly exposes your profound insecurities . You clearly believe that your retirement places you in an elite sector of American society. Well, pal do you know the number of people in this country who retire every month? Well pal, here is the number..... on average.....140.000 EVERY MONTH. And you think you're somebody special and did something extraordinary. Well, inside your small little world it might seem a really big deal. Outside of it?.... Nobody cares.
Special? Me? Not hardly. If I were special, I wouldn't shoot 100 or more every time I play golf. I am just happy and content. Too bad you can't say that.
 

vantexan

Well-Known Member
I will say this. In EVERYONES'S defense that called me a liar when I posted over and over about a TPB increase. This information is not publicized by the Retirement Dept and other than the paragraph I posted, is not clearly explained in the Retirement website. When I visited the investment advisors I selected to handle my retirement they mentioned this to me. This is the same firm Dano called a "goober" because they explained to me that pilots pension is MUCH more lucrative as far as benefits than they rest of the employees get. We all know Dano has zero credibility. I have mentioned this increase to friends that were Sr Mgrs, Directors and everyday hourlys and got the same response I did on here. They told me I was nuts. I have explained on here over and over on here how to see for yourself how the increase works. All you have to do is go on the FedEx.retirement.com website. Find the "Project Your Pension" drop down. In the chart you will select a retirement date, THEN you will select the date you want to COMMENCE benefits. In simple,terms, that means the date you want to start your pension. To verify I am correct, put in Dec 31, 2021 as your retirement date and put in Jan 1, 2022 as your pension COMMENCE date. You will see that your TPB will be the amount that you have assumed it will be since the day you left the Traditional pension. THEN put in Dec 31, 2021, the same date as your 1st calculation as retirement but this time put in Jan 1, 2023 as commence date, 1 year later. You will see the increase in your TPB. Then put in Dec 31, 2021 as retirement but this time put in Jan1, 2024 as your commence benefits date, again, you will another increase. I know Tupac keeps wanting to say a projection is not facts but he is just too bitter to understand they use the word PROJECT as a way to convey how the chart shows you how your retirement will play out. I don't care if you hate me or not, believe me or not, this increase is there for those that can afford to delay drawing your pensions. I will delay mine for 5 years. There is a break even age of 72 for me. If I pass before 72, this delay did not work for me. If I live past 72, it worked to perfection. Even if I pass before 72, my wife will get the increase, it does not end with my death. I know this post was long but if anyone needs more info, I will try to answer in a shorter post.
You just said that there's nothing on the retirement website publicized that verifies this. So you are interpreting the drop down chart a certain way. I can't imagine why you won't get the retirement department on the phone and ask them directly if this is so. 5 years worth of payments missed is a big enough reason to verify this and ask them if there's anything in writing anywhere that spells this out. It's not that I want it to be untrue but you're going to miss out on a lot of money if it isn't so. By the way as of today $1000 sent to myself in Argentina through Western Union will give me $2003 USD worth of pesos at the official exchange rate. The cost of living there is already half of the U.S. and with the extra pesos makes it extremely cheap.
 

falcon back

Well-Known Member
You just said that there's nothing on the retirement website publicized that verifies this. So you are interpreting the drop down chart a certain way. I can't imagine why you won't get the retirement department on the phone and ask them directly if this is so. 5 years worth of payments missed is a big enough reason to verify this and ask them if there's anything in writing anywhere that spells this out. It's not that I want it to be untrue but you're going to miss out on a lot of money if it isn't so. By the way as of today $1000 sent to myself in Argentina through Western Union will give me $2003 USD worth of pesos at the official exchange rate. The cost of living there is already half of the U.S. and with the extra pesos makes it extremely cheap.
LOL. Knew you wouldn't be man enough to admit you were wrong. I posted the paragraph from the retirement website and you still don't believe it. Clutter posted his findings from the chart and you won't admit it. Oh well. You believe what you want while I await close to an 80% TPB
 

falcon back

Well-Known Member
Falcon fart is correct about delaying benefits. I was on the retirement site today. I retired end of July at 62. My projection shows my TRB growing from $548 to $763 if I wait to collect at 65 in 2024. I only had 4 years in as a full timer when they froze the pension in 2008.
Hey tex, this man found out I was correct. LOL
 

falcon back

Well-Known Member

Corporate Plan TPB:

Your Corporate Plan TPB can be started at age 60 with no reduction; the early retirement reduction is unchanged; and, if you retire and delay the start of your benefit past age 60, you still will receive a late retirement increase for the number of months your benefit was delayed.
Hey tex, straight from the retirement book.
 

NC man

Well-Known Member
I’m retiring in Dec,talked to pension people etc. before they sent paperwork they asked me my retire date and what date to commence if different from retire date so you can retire and delay if you want to. When you retire your first check will be the first of the month after your retire date unless you choose to delay. For me I’m out dec 23, first pension check will be Jan 1 by direct deposit.

401 at VG will be moved to Rollover IRA at VG also ,if you keep in 401 the feds tax any withdrawal at 20% ,by law. In IRA you can choose how much to with hold when you withdraw any.
Another thing I found out is you can move money to IRA before you leave which I am doing,if you leave and don’t move it before then you have to wait 45 days to do so . I don’t know why but guess another move by our politicians.
 
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