Recent content by Colreb1962

I’ll be able to continue coverage for my wife and I through my employer. The pensions are COLA’d so as long as something completely unforeseen doesn’t occur we should be good. Knock on wood.

Hello, i’m 55, DW is 50. I am realistically 5 years away and DW 2 years away from exiting the work force. Our retirement goal was a yearly income of 50k, and a paid for house. We should have 600k in investments, 2 secure pensions totaling 38k a year and a paid for house by retirement ...

Pensions are deferred compensation. The employee traded labor and time for the pension. A company who doesn’t fully fund the pension or knowingly used overly optimistic return assumptions is guilty of theft. Bait and switch. In most cases it wasn’t an inability to fund the pension plan but a...