Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 07-24-2011, 09:55 PM   #41
Full time employment: Posting here.
 
Join Date: Dec 2006
Location: chicago burbs
Posts: 559
Mulligan,

Thanks for the feedback. We still are with my employer's plan and if we decide to leave it and go with an individual plan, we cannot go back.

Ages - Me 56, Wife 53.
__________________

__________________
golfnut is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 07-25-2011, 02:27 PM   #42
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 7,379
Quote:
Originally Posted by golfnut
Mulligan,

Thanks for the feedback. We still are with my employer's plan and if we decide to leave it and go with an individual plan, we cannot go back.

Ages - Me 56, Wife 53.
One more thing to think about, Golfnut. Initial savings in going into individual market could quickly evaporate if their rates go up quicker than your group rate from your company. Just because it might be cheaper now, doesn't mean so in a few years. I've read on posts here through the years how they really got rate shock increases every year as they approached 65. Something you might be protected from more with your group plan at work. Just something else to worry about in your decision!
__________________

__________________
Mulligan is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 12:49 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.