OAG
Thinks s/he gets paid by the post
Here is my dealio.
2019 is my retirement date, I will be 52.
I will get $48k annual pension for life, with some periodical COLAS (pension is one of the last defined benefit plans)
House paid off.
$200k Deferred comp 457.
No car or rv payments. Looks like medical insurance will be a big cost.
Based on this info. it looks like all will be well.
What do you guys think?
$48K today, "periodic COLA's" may be a real warning sign. What does that mean; maybe when the County's going gets tough the COLA's go? Personally, if it was me, I would be scrubbing expenses and doing everything I could to save more of my own money over the next 10 years.