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The Thing About OT...
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<blockquote data-quote="Up In Smoke" data-source="post: 5210600" data-attributes="member: 79702"><p>The 20k per year from you adds up to 625k. The company's 6% would add about $38,000 or 18 months of pension contributions. 1.25 million without any personal contribution beats any compounding you can come up with. If your concern is the pension dies with you, a 2 million dollar term policy would run about 5k per year. The 625k that you didn't spend would pay 125 years of premiums.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5210600, member: 79702"] The 20k per year from you adds up to 625k. The company's 6% would add about $38,000 or 18 months of pension contributions. 1.25 million without any personal contribution beats any compounding you can come up with. If your concern is the pension dies with you, a 2 million dollar term policy would run about 5k per year. The 625k that you didn't spend would pay 125 years of premiums. [/QUOTE]
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