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Brown Cafe UPS Forum
UPS Retirement Topics
How did you take your retirement payout?
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<blockquote data-quote="Johney" data-source="post: 5495981" data-attributes="member: 10995"><p>I had no problems what so ever. Took 75% spousal benefits which cost me $300 a month in payment but gained her an additional $800 a month in the event of my death. Life insurance was going to cost me over $500 a month for only a 20 year policy. Being only 57 I feared that I could outlive that. The kicker is if the wife were to pass before me it goes back to full benefit to me, but I had to get spousal benefits from the start.</p><p>I can’t remember exact numbers that she would get but to me it was worth it. I want her or myself to milk it for as long as possible.</p></blockquote><p></p>
[QUOTE="Johney, post: 5495981, member: 10995"] I had no problems what so ever. Took 75% spousal benefits which cost me $300 a month in payment but gained her an additional $800 a month in the event of my death. Life insurance was going to cost me over $500 a month for only a 20 year policy. Being only 57 I feared that I could outlive that. The kicker is if the wife were to pass before me it goes back to full benefit to me, but I had to get spousal benefits from the start. I can’t remember exact numbers that she would get but to me it was worth it. I want her or myself to milk it for as long as possible. [/QUOTE]
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UPS Retirement Topics
How did you take your retirement payout?
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