Spanky
Thinks s/he gets paid by the post
Texas Proud said:One problem is you are assuming she/they will get SS... she has a 403(b), and some will not get this benefit.
If you are a teacher in Texas, you will not... but you will get an annuity on your imcome... say she worked 30 years at 2.2 per year it is $26,400 per year from pension.. you only need to make up $10,000...
Is the pension inflation adjusted?
$10,000 is almost 24% withdrawal rate from the portfolio.
The bottmline is that she will need additional income from other sources or simply spend less.