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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Your pension alone is worth more than one million dollars.[/quote] [b]How do you calculate that out?[/b] [/quote] DP: The safe withdrawal rate for retirement accounts is often cited as 4% (that is, you can withdraw 4% of the value of your retirement account in the first year. Every year after that you take that same initial 4% amount adjusted for inflation). The corollary to that is that you can estimate a pension amount by multiplying it by 25 to determine its value. It's a rough estimate of course.[/quote]
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