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Life After Brown
Ups 25 Year Service Retirement
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<blockquote data-quote="tunemixer" data-source="post: 614998" data-attributes="member: 7460"><p>I believe he is making about 4800.00. Buts that before the up front deduction. And I don't know if he took the 25% spouse deduction. I know I am making 4179.00 a month with 26 years. But thats because I am going to be 62 . The pension max is 64 so am closer to the max. So if somebody with the same years at age 57 retired the same time they would receive less money. I'm NOT taking the spouse deduction and applying some of that money to a life insurance policy that will be handed down to my kids if my wife collects on me. I'm not throwing away over a 1000.00 a month so my wife can collect 3000.00 a month . Besides. I'm going to fool them all and live to be 100 years old.</p><p>Our BA told me over 80% of the retirees are taking the full benefit and opting to put the money they save to work another way.Why throw that 1000.00 plus away? Put the money to work for your family.Do the math. I guess its what ever works for you. I know whats going to work for me.</p></blockquote><p></p>
[QUOTE="tunemixer, post: 614998, member: 7460"] I believe he is making about 4800.00. Buts that before the up front deduction. And I don't know if he took the 25% spouse deduction. I know I am making 4179.00 a month with 26 years. But thats because I am going to be 62 . The pension max is 64 so am closer to the max. So if somebody with the same years at age 57 retired the same time they would receive less money. I'm NOT taking the spouse deduction and applying some of that money to a life insurance policy that will be handed down to my kids if my wife collects on me. I'm not throwing away over a 1000.00 a month so my wife can collect 3000.00 a month . Besides. I'm going to fool them all and live to be 100 years old. Our BA told me over 80% of the retirees are taking the full benefit and opting to put the money they save to work another way.Why throw that 1000.00 plus away? Put the money to work for your family.Do the math. I guess its what ever works for you. I know whats going to work for me. [/QUOTE]
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