Round the block again
Well-Known Member
I guess with this cigarette fine , more nonsense soon
When to retire 30 years or 52 age ?
- Thread starter Round the block again
- Start date
That's chump change
ManInBrown
Well-Known Member
Just curious, what part of the physical were you unsure of being able to pass? I got started late at UPS and will somehow have to make it into my early 60s. Pretty sure I'll have trouble getting a porter job, or a rewrap or clerk position. Will probably have to go feeders till the end. Was it BP or something else? I worry about the DOT physical also becoming a problem at some point. I have a ways to go, but I already think about it.
oldngray
nowhere special
Many problems but it boiled down to years of wear and tear. BP I was close but still passed. Same for eyes. Plus back problems.
UpstateNYUPSer(Ret)
Well-Known Member
We used to have 30 and out at any age but now we have to be at least 55.
UpstateNYUPSer(Ret)
Well-Known Member
When they made the change here they grandfathered anyone who was within 5 years----I think they lost 3% per year.
If we do have the 30 years but are not quite 55 we do have the option of leaving early and freezing our pension until we turn 55.
Over 70
Well-Known Member
I've been budgeting on 500/week and banking the rest. It doesn't always make for an exciting life but we don't go without much. My wife brings home about 500/week with a fantastic union teacher pension.
Once the kiddo is out of daycare and I'm pounding the rest into my house it'll be gravy
I'm preparing on my own.
Once the kiddo is out of daycare and I'm pounding the rest into my house it'll be gravy
I'm preparing on my own.
oldngray
nowhere special
It does suck when you plan based on the promised pension and what the health care costs will be but get hammered with changes later. I can see plans being changed but those already retired should be grandfathered in. Especially since they aren't allowed to vote on the changes.
ManInBrown
Well-Known Member
Been switching back and forth between 13%-18% in my 401K for last few years. I'm planning as if I'm getting no pension. If it's still there, great.
Over 70
Well-Known Member
Yeah being a 30 something just into the game I don't count on anything being there other than my wife's state teacher pension which we chose to put the max into. Anything else is a bonus, the rest is up to me.
oldngray
nowhere special
You would be amazed how little it takes to live on if your house is paid for and you are debt free.
Over 70
Well-Known Member
I get it because I'm debt free except for a small sum left for my house. Debt is for suckers and those in a tight spot. Too many people use it for pleasure.
Unfortunately everything goes up except your pension
oldngray
nowhere special
Thats the rub. Its a defined pension and you retire with the knowledge it will never increase .. but assume it will still pay what was promised.
Over 70
Well-Known Member
My great grandparents have ran into that in their 90's. Yes both alive and married 70 something years. Gramps retired in the early 1980s and they weren't big savers and now his union plumbers pension is a joke in today's money. They flat out never expected to live this long.
ManInBrown
Well-Known Member
I honestly hope I don't even live to see 85. I would be fine with 78-80. I have no interest in being a Burden on anyone, or living in a nursing home being cared for by people who don't even want to be there, making minimum wage cleaning up after me.
Over 70
Well-Known Member
I agree it's tough to watch. They aren't there yet but it's getting close
They can't even promise you that.
My grandpa worked for US steel and got paid pennies on the Dollar.
