Join Early Retirement Today
Showing results 1 to 25 of 3286
Search took 0.12 seconds.
Search: Posts Made By: nun
Forum: FIRE and Money Yesterday, 10:24 PM
Replies: 3
Views: 173
Posted By nun
I start from the assumption that I'm going to...

I start from the assumption that I'm going to live at least as long as the actuarial tables say I will....because that's what I do for the rest of my retirement finances. I have one defined benefit...
Forum: FIRE and Money Yesterday, 09:40 PM
Replies: 3
Views: 173
Posted By nun
At what interest rate would you buy an SPIA?

Ok, so some people will never buy an annuity because you give up your principal and some people buy them without much regard for the interest rate because it involves assumptions about longevity and...
Forum: FIRE and Money Yesterday, 05:36 PM
Replies: 11
Views: 598
Posted By nun
I'm in a strange situation. Doing one thing with...

I'm in a strange situation. Doing one thing with one DB plan and the opposite with another.

I'm going to be buying into my state's defined benefit plan using $263k today to buy a $20k/year pension...
Forum: FIRE and Money Yesterday, 04:47 PM
Replies: 11
Views: 598
Posted By nun
Yeah this was always a side bar to my ER...

Yeah this was always a side bar to my ER plans....I'm tempted to take the lump sum because I'll have enough pension and SS income to cover my expenses when I hit 65 without the small UTC pension, so...
Forum: FIRE and Money Yesterday, 03:59 PM
Replies: 12
Views: 391
Posted By nun
Buckets are meaningless IMHO.......and AA makes...

Buckets are meaningless IMHO.......and AA makes them so.
Forum: FIRE and Money Yesterday, 02:38 PM
Replies: 11
Views: 598
Posted By nun
Well the numbers are in on my pension options: ...

Well the numbers are in on my pension options:

Here are the facts

I'm a 53 year old male.

1) I can take a lump sum now of $35k, or
2) take income now of $190/month, or
3) take income at 55...
Forum: FIRE and Money Yesterday, 02:09 PM
Replies: 27
Views: 690
Posted By nun
Run from this FA. Also by "active investing" what...

Run from this FA. Also by "active investing" what do you mean.? Market timing and intense trading or periodic rebalancing?
Forum: FIRE and Money 11-21-2014, 07:26 PM
Replies: 13
Views: 690
Posted By nun
WEP is going to apply as long as you have a...

WEP is going to apply as long as you have a benefit from non-SS wages. When you left your state employment the SSA will have been advised of any DB pension or 401a ( DC plan) balance and they will...
Forum: FIRE and Money 11-21-2014, 01:58 PM
Replies: 41
Views: 1,453
Posted By nun
The retirement age might be adjusted too because...

The retirement age might be adjusted too because of increasing lifespans and the general outrage at Federal and public employees being able to take pensions at 55 or even earlier. I say that as...
Forum: FIRE and Money 11-21-2014, 11:09 AM
Replies: 41
Views: 1,453
Posted By nun
The military are probably the least likely of...

The military are probably the least likely of public employees to see their benefits cut.
Forum: FIRE and Money 11-21-2014, 11:03 AM
Replies: 11
Views: 598
Posted By nun
Hi Fritz, My UTC pension is weird. I worked for...

Hi Fritz,
My UTC pension is weird. I worked for a bit of UTC that they sold off and as part of the deal the employees were all immediately vested in the UTC pension, even if they had less that 10...
Forum: FIRE and Money 11-21-2014, 09:17 AM
Replies: 20
Views: 1,066
Posted By nun
I have a different yardstick, mine is (or was)...

I have a different yardstick, mine is (or was) Tony Benn
Forum: FIRE and Money 11-21-2014, 09:09 AM
Replies: 20
Views: 1,066
Posted By nun
Looks like a massively under valued initial...

Looks like a massively under valued initial [-]corruption[/-] corporation stock
Forum: FIRE and Money 11-21-2014, 08:33 AM
Replies: 11
Views: 598
Posted By nun
Reading the fine print it looks like this might...

Reading the fine print it looks like this might just be for small pension pots ie under $50k....they probably want to get small amounts off their books to reduce costs.
Forum: Other topics 11-20-2014, 11:09 PM
Replies: 29
Views: 544
Posted By nun
Probably "The Other Earth" and that comes from...

Probably "The Other Earth" and that comes from someone who got Analog magazine mailed from the US to North East England back in the 1970s ......I was that big of a Sci-Fi nerd.
Forum: FIRE and Money 11-20-2014, 11:06 PM
Replies: 11
Views: 598
Posted By nun
United Technologies Pension Lump Sum Opportunity

So it never rains......as they say. I just decided to use my defined contribution retirement account from my most recent employer to buy back into their defined benefit pension as it has a COLA and...
Forum: FIRE and Money 11-16-2014, 04:48 PM
Replies: 99
Views: 8,111
Posted By nun
Budgeting and cost control are what Mr. McPherson...

Budgeting and cost control are what Mr. McPherson lacked.

I'm 8 months into ER (at age 53) and I've had to pay for an unexpected tooth crown and 2 trips to the UK. Thanks to building in...
Forum: FIRE and Money 11-16-2014, 04:29 PM
Replies: 99
Views: 8,111
Posted By nun
The article annoyed me....and I'm a bleeding...

The article annoyed me....and I'm a bleeding heart liberal. Mr. Mcpherson takes care to say that he isn't as poor as a lot of people and that he's made some very dumb decisions so it's hard for me to...
Forum: FIRE and Money 11-14-2014, 07:11 PM
Replies: 41
Views: 2,840
Posted By nun
The only capital gains for me are inside...

The only capital gains for me are inside retirement accounts.
Forum: FIRE and Money 11-13-2014, 10:11 AM
Replies: 23
Views: 1,024
Posted By nun
OK, if it's means tested that sounds more...

OK, if it's means tested that sounds more sensible....the UK US$13k is not means tested, you just have to have at least 35 years of qualifying contribution years.

I agree that the regular monthly...
Forum: FIRE and Money 11-13-2014, 09:59 AM
Replies: 23
Views: 1,024
Posted By nun
Yes there is a lot of room for assumption and...

Yes there is a lot of room for assumption and tweeking in these calculations, and the value of a guaranteed monthly check while being high is difficult to assess without knowing someone's full...
Forum: FIRE and Money 11-13-2014, 09:51 AM
Replies: 23
Views: 1,024
Posted By nun
US$22K seems high for a minimum pension as the...

US$22K seems high for a minimum pension as the max US SS at age 66 is currently around US$31k. By comparison the new flat rate UK pension is only US$13k. I know the UK has other benefits too...
Forum: Other topics 11-13-2014, 09:45 AM
Replies: 158
Views: 3,154
Posted By nun
A coronagraph is one or a number of opaque disks...

A coronagraph is one or a number of opaque disks that get mounted in a telescope to block the bright central light from an object. Maybe you've seen those images of the halo (corona) around the Sun...
Forum: FIRE and Money 11-13-2014, 09:32 AM
Replies: 23
Views: 1,024
Posted By nun
I think Australia has a basic age related pension...

I think Australia has a basic age related pension and also a wage related component. In the UK there is now no wage related component, it's just based on years of contributions. You don't have to...
Forum: FIRE and Money 11-13-2014, 09:20 AM
Replies: 23
Views: 1,024
Posted By nun
All you need to do is to know the annual payment...

All you need to do is to know the annual payment you are/will be getting, the number of years you'll get it, the COLA rate and the discount rate....plug those in and you get the present value. The...
Showing results 1 to 25 of 3286

 
Forum Jump

 
All times are GMT -6. The time now is 06:00 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.

Early Retirement News right to your Email!

Stay up-to-date with all the latest news to your inbox!

unsusbcribe at anytime with one click

Close [X]