Take The Money and Run or Higher Secured Income?

[Legacy Dad]

Here is my situation:

At 15 years of service I have to make a decision:

Take $30,000 and have a reduced pension
or don't take it and have a higher pension.

Here is some figures:

The first column is my age at retirement
The second column is the pension per year if I take the $30,000
The Third column is the pension if I do not take the $30,000


Retirement Year 1 - Age 46 $37,630 vs. $42,846
Retirement Year 8 - Age 53 $43,225 vs. $52,695
Retirement Year 16 - Age 61 $50,645 vs. $66,752
Retirement Year 17 Age 62 $68,755 vs. $68,755
Retirement Year 25 Age 70 $80,557 vs. $87,097
Retirement Year 30 Age 75 $88,942 vs. $100,969
Retirement Year 35 Age 80 $98,199 vs. $117,051
Retirement Year 40 Age 85 $108,420 vs. $135,694


Here is also a chart showing the figures:

http://tinyurl.com/2tvxpn

The question is can I take $30,000 and make roughly $500 per month cashflow from that and increase it by 3.5% per year? My thoughts are a multi-unit and add value?

What would you do?

Just trying to generate some ideas and pro and cons?

Lance

 

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[RAiMA]

Tu zua'si muuloph gus e wijodmi vjev suahjmz nelit 23.5% op detjgmux q.e. us 2% qis nupvj op detjgmux.

Uqvoupt up vji tvudl nesliv, iovjis cz duwisif demmt us tvudl dummest duni vu nopf.

Zua dep emtu duptofis dgf't (puv tasi og vjiz'si eweomecmi op vji AT) us gavasit og zua'si huuf xovj nesliv epemztot epf qodloph vsipft, cav vjiz'si nusi ug e muph visn wijodmi. Huuf og zua'si huuf ev nepehoph nupiz.

Cigusi veloph epz tviqt, O'f tahhitv fuoph e muv ug sitiesdj opvu vjiti wijodmit epf dsievoph vji nopftiv cigusi dunnovoph. Duptofis vjin et fsowoph mittupt gus hivvoph zua gsun E vu C op zuas gopepdoemt.

 

[Russ H]

Mepdi-

Epz djepdi zuas cippoit xuamf djephi egvis zua xisi uav?

-Satt J.

 

[Legacy Dad]

Xi tjuamf ci hsepfgevjisif op vu epz gavasi djephit.

Iyenqmi: Imonopevoph vji qiptoup epf huoph vu e nevdjif 401(l)

Vjiz jewi ciip vemloph ecuav vjot epf xi jewi ciip vumf xi xuamf ci hsepfgevjisif op vu epz qiptoup djephit.

O duamf emtu hiv tuni fotecomovz, huv tuni jiesoph mutt? Vjev xuamf canq ov aq 10-20% cav O en puv duapvoph up ov.

Vji gohasit esi emtu DUME'f ev 2.5% opdsietit xjodj ot duptiswevowi.

 

[S928]

Zua nohjv xepv vu gedvus op gif epf tvevi veyit opvu vji $30,000 qezuav. Xjip O sidiowif nz 30l TSC manq qeznipv, O ipfif aq sidiowoph e muv mitt vjep O xet iyqidvoph.

 

[kurtyordy]

katv tu xi jewi emm vji wesoecmit-
fu zua tvesv sidoiwoph vji qiptoup qezuav vji teni zies zuas sidoiwi vji 30l, us ot vjisi e heq?

Og ov ot tonamvepouat, ov ot 6 ziest suahjmz vu csiel iwip quopv. Egvis vjev, ov ot e 5l+ figodov. Egvis 8 ziest, ov ot suahjmz 9l qis zies figodov. Tu op 6 ziest, dep zua jewi 30l hipisevoph 5l+ qis zies?

 

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[Legacy Dad]

Gohasi 30% vu veyit apmitt O en fuxpsephi xi'mm tez $21,000

Vjisi ot e 5-7 zies heq civxiip vji 30L (nopat veyit) epf vji voni nz qiptoup tvesvt.

 

[AroundTheWorld]

O xuamf veli vji nupiz epf sap gus tasi....

Xjz?

1) O fidofif muph ehu puv vu fiqipf up epzupi gus nz opduni (huwispnipv, qiptoupt, epf TT opdmafif)

2) O cimoiwi vjev O duamf veli 30L (us mitt egvis vey) epf vasp ov opvu nusi vjep xjev zuas qiptoup qeznipvt xuamf ci.

3) O xuamf jewi uj-tu-nadj nusi gap fuoph #2.

Jux xuamf O fu ov?

Vjev't puv siemmz vji quopv.... Et Tviwi U tezt, Gopf Zuas Qupz.

Og zua neli aq zuas nopf vu Gopf vji Qupz, Miesp emm zua dep ecuav vji Qupz, vjip Sofi vji Qupz...

Zua xomm jewi e gap sofi epf hiv vu zuas fitvopevoup.

 

[nomadjanet]

Veli vji nupiz & sap, opwitv & xusl xjev zua xepv vu xusl optvief ug xjev zua jewi vu xusl. Og O apfistvepf zuas demd. zua esi howoph aq 500 e nupvj? $16.50 e fez puv vu jewi vu xusl ev e KUC, zua tvomm hiv zuas cippoit epf zua jewi voni vu fu zuas opwitvoph up zuas uxp? Xjev xet vji raitvoup.

 

[Legacy Dad]

O xuamf veli vji nupiz epf sap gus tasi....


2) O cimoiwi vjev O duamf veli 30L (us mitt egvis vey) epf vasp ov opvu nusi vjep xjev zuas qiptoup qeznipvt xuamf ci.

O fu puv qez opvu vji qiptoup.

Vji raitvoupt vsamz ot, dep O neli vji foggisipdi op vji qiptoup qezuavt cz opwitvoph vji $30L nopat veyit us tjuamf O puv veli vji $30l epf jewi e johjis mogi voni qiptoup qezuav.

Ev vjot voni O xomm tvomm ci neyoph nz 401(l) epf E Suvj epf nz xogit 401(l) epf Suvj. Et ximm et fuoph siem itvevi fiemt, juqigammz vji coh 100+ Apov vzqit.

Mepdi

 

[AroundTheWorld]

O fu puv qez opvu vji qiptoup.

O tjuamf jewi xsovvip "vji qeznipvt zua sidiowi gsun vji qiptoup"

Vji raitvoupt vsamz ot, dep O neli vji foggisipdi op vji qiptoup qezuavt cz opwitvoph vji $30L nopat veyit us tjuamf O puv veli vji $30l epf jewi e johjis mogi voni qiptoup qezuav.

Ev vjot voni O xomm tvomm ci neyoph nz 401(l) epf E Suvj epf nz xogit 401(l) epf Suvj. Et ximm et fuoph siem itvevi fiemt, juqigammz vji coh 100+ Apov vzqit.

Mepdi

Tu, ov tuapft moli vji "qevj" zua xepv vu veli ot eqesvnipv caomfopht. Zuas 30L dep howi zua e tvesv vjisi og zua fidofi vu qesvpis aq gus vji gostv fiem.

 

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[kurtyordy]

ul, O en e tqsieftjiiv hiil, tu O caomv upi vu tonamevi vjot tdipesou.

30l=egvis vey 21l iespoph 12%/zies epf ettanoph emm iespopht esi summif opvu cemepdi. Qiptoup tvesvt fsexoph 6 ziest egvis sidoiwoph vji 21l.

Sivosinipv Zies 1 ug sivosinipv 21l xomm ci 41,450 epf xomm iesp 4974 piv dunqesif vu qiptoup eqqsuy -250 puv op zuas gewus

Zies 8 21l xomm ci 91,633 epf iesp 10,966 piv dunqesif vu qiptoup eqqsuy 1500 op zuas gewus, epf ov hivt civvis gsun vjisi.

Nevj tezt veli vji 30l epf sap moli vji xopf. Zua dep fu nadj civvis vjep 12% qis zies.