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Brown Cafe UPS Forum
UPS Retirement Topics
Life only Pension?
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<blockquote data-quote="BrownFlush" data-source="post: 4881752" data-attributes="member: 65823"><p>What bills are you going to leave your spouse?</p><p>When you retire, you should have everything pretty well paid off. If you don't, you aren't going to retire.</p><p>So, no bills, $250K put in the bank when you kick the bucket( not counting what you saved by not doing the survivors benefit) and more than likely your wife will be 62 and on SS and will get a raise (survivors benefit) when you die.</p><p>What would it take for your spouse to accumulate $250K on a monthly basis from your pension? (survivor benefit takers checks are less) Probably 10 -15 years at least if she lives that long.</p></blockquote><p></p>
[QUOTE="BrownFlush, post: 4881752, member: 65823"] What bills are you going to leave your spouse? When you retire, you should have everything pretty well paid off. If you don't, you aren't going to retire. So, no bills, $250K put in the bank when you kick the bucket( not counting what you saved by not doing the survivors benefit) and more than likely your wife will be 62 and on SS and will get a raise (survivors benefit) when you die. What would it take for your spouse to accumulate $250K on a monthly basis from your pension? (survivor benefit takers checks are less) Probably 10 -15 years at least if she lives that long. [/QUOTE]
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