Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "How to calculate pension value?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]I am doing some financial planning and trying to figure out how to calculate my pension value. I read some instructions and not sure if my math is right. Currently (based on salary) my pension will be $6500 per month at age 58 assuming my salary does not increase. I am currently 41 so I have at a minimum another 17 years of working. Using a calculator I found online my pension value is between $1.7-$1.9 million as of right now. Does that sound right? I also did some math and used 2% escalation (which is lower than our actual salary escalation year over year) until I retire and my pension would go up to $8500 per month. Am I doing all this math wrong? I am trying to figure out if we have enough saved for retirement. Currently have around $500,000 in retirement funds (outside of pension) and around $200,000 cash reserves. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
