Mo Trooper
Confused about dryer sheets
- Joined
- Aug 16, 2007
- Messages
- 5
Wow, I was given this forum a couple of days ago, and there is a ton of great information on this site. Some super smart people on here who really know what they are talking about.
Anyway, I'm 16 years away from retirement. It won't be early, but I'll be 51. So, I figured it was time to really start plugging away at things. I'm a long range planner, as most on this board probably are.
Let me start off with a quick question. I've done some searches, but probably haven't looked closely enough to find an answer.........
Anyway, my government pension will give me roughly %70 of my ending salary. We also get a 4% cost of living increase every year on top of that.
Will that be enough to retire on, assuming the house is paid for and we have no other outstanding debt? Or would 70% be the bare minimum?
Again, great forum, and I plan on being a daily visitor.
Anyway, I'm 16 years away from retirement. It won't be early, but I'll be 51. So, I figured it was time to really start plugging away at things. I'm a long range planner, as most on this board probably are.
Let me start off with a quick question. I've done some searches, but probably haven't looked closely enough to find an answer.........
Anyway, my government pension will give me roughly %70 of my ending salary. We also get a 4% cost of living increase every year on top of that.
Will that be enough to retire on, assuming the house is paid for and we have no other outstanding debt? Or would 70% be the bare minimum?
Again, great forum, and I plan on being a daily visitor.