Fedup
Thinks s/he gets paid by the post
I've been lurking this site for years and finally decided to post. I'm 54 and looking to retire in 2015. Financially, I think I'm in the ballpark but not 100% sure if I will run out of money when I'm 100 years old. But that is a nice problem to have if I do get there.
However, lately I'm having second thought and wanting to retire sooner as in 2014 when my husband has retiree health insurance. Is it worth for me to work one extra year so I can have a small pension of $5K(COLA) per year starting 62? How to calculate the present value of this future income?
Thanks
Fedup
However, lately I'm having second thought and wanting to retire sooner as in 2014 when my husband has retiree health insurance. Is it worth for me to work one extra year so I can have a small pension of $5K(COLA) per year starting 62? How to calculate the present value of this future income?
Thanks
Fedup