Retirement Planning With a Pension
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- Опубліковано 4 сер 2024
- How should we factor my pension into our overall retirement picture?
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We have pensions too. They rock. I think a lot of people are really jealous.
Same age. I have a pension too, but I have to wait 10 years and I’ll be at 6k monthly with no COLA. I don’t have nearly as much in my savings. This dude is killing it.
I retired, took a couple part time jobs and let my pension grow with interest, so it ups my monthly amount when I take it.
Wow, that’s an amazing pension given his age and salary level. He must have started right out of college!
10k pension and 10k expenses !
People are lucky who are able to retire early. I have 15 months till 65 and need to look at calling it quits, my only fear is running out of funds much later, thus keen on investing. What could be the safest possible ways to invest for cashflow, in order to afford lifestyle after retirement?
I recommend you take a look at 'The Income Factory' by Steven Bavaria, some of the fund recommendations are a little outdated but the underlying principles are sound, and differ from most personal finance books.