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Reply to "How do you value a pension in your net worth?"
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[quote=Anonymous]There are two ways to look at this. To answer your immediate question, look at the cost of an inflation-adjusted annuity that pays out what you expect your pension to pay and that will give you a "value" for the pension. The second way to look at this which is a bit less precise is to think about how much you expect to spend in retirement and think about how your pension plays into that. So, for you, $96K guaranteed income + social security for both of you should provide a nice life even without factoring in what you have in the TSP.[/quote]
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