Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
Life only Pension?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="quad decade guy" data-source="post: 4880929" data-attributes="member: 77939"><p>I am 58 (Wife same). I want to work until I can get SSI and Medicaire. I have never paid for health insurance. It's been through UPS since I was 18.</p><p></p><p>The wife will get a small teachers retirement plan as a paraprofessional. And some SSI.</p><p></p><p>Now the wildcards....until last year we were both healthy(relatively) with me nibbling at type 2. The Wife was diagnosed with breast cancer and is so far being treated successfully....</p><p></p><p>Until this year we debated who would live longer....now a very loaded question. Without being unkind....if I out live her, I want the full pension. </p><p></p><p>My Mom lived until 80, my Dad died at 57 of cirrhosis of the liver....yes an alcoholic but riddled with heart disease...My Mom a heavy smoker. My Wife's parents still alive mid 80's...both with heart disease. Cancer and heart disease both sides.</p><p></p><p>We have life insurance($250,000 for me) on both of us, mine being twice as much as the Wife's do to me being the bigger bread winner. This number was chosen to pay off the house and perhaps some college or training to get her on her feet. This was all done at age 40.</p><p></p><p>I have consulted with financial advisers.....it still comes down to who will live longer. </p><p></p><p>We have always hoped to die together.....</p><p></p><p>Now, I might retire, draw SSI and buy the Union healthcare. Depending on what happens with the Wife. Then Medicare. Every year I don't work will cost me about $50k. Till I die. The $50k per year question: How long will that be?</p><p></p><p>I do not take my only child into consideration in any of this. I paid for her college(Masters) and she is a certified Teacher and is employed. I also helped her buy a house.</p></blockquote><p></p>
[QUOTE="quad decade guy, post: 4880929, member: 77939"] I am 58 (Wife same). I want to work until I can get SSI and Medicaire. I have never paid for health insurance. It's been through UPS since I was 18. The wife will get a small teachers retirement plan as a paraprofessional. And some SSI. Now the wildcards....until last year we were both healthy(relatively) with me nibbling at type 2. The Wife was diagnosed with breast cancer and is so far being treated successfully.... Until this year we debated who would live longer....now a very loaded question. Without being unkind....if I out live her, I want the full pension. My Mom lived until 80, my Dad died at 57 of cirrhosis of the liver....yes an alcoholic but riddled with heart disease...My Mom a heavy smoker. My Wife's parents still alive mid 80's...both with heart disease. Cancer and heart disease both sides. We have life insurance($250,000 for me) on both of us, mine being twice as much as the Wife's do to me being the bigger bread winner. This number was chosen to pay off the house and perhaps some college or training to get her on her feet. This was all done at age 40. I have consulted with financial advisers.....it still comes down to who will live longer. We have always hoped to die together..... Now, I might retire, draw SSI and buy the Union healthcare. Depending on what happens with the Wife. Then Medicare. Every year I don't work will cost me about $50k. Till I die. The $50k per year question: How long will that be? I do not take my only child into consideration in any of this. I paid for her college(Masters) and she is a certified Teacher and is employed. I also helped her buy a house. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
Life only Pension?
Top