Reply to How to calculate pension value?

Forum Index » Money and Finances

Reply to "How to calculate pension value?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A very rough estimate:  your annual pension at age 58 is $78K.  The present value of a $1 annuity at that age is somewhere around 20.  So, at age 58, the value will be $78K x 20 =$1.56M.  Discounts it back 17 years to now, at 4%, it’s about $800K.

An actuary.[/quote]
There is no guarantee you will make it to 78 years of age. Why are you trying to value this when tomorrow is not promised. It's not like a 401 or IRA that is inheritable. [/quote]

What do we ever truly own except the ground beneath our feet etc? I admire your approach, but would suggest that you stay off the money and finances board. Stick to cooking, religion etc.[/quote]
Why? I have been able to accumulate over 6million dollars for my retirement, and this is from a once poor kid who wore hand-me-downs to school. The pension is gravy. The retirement and brokerage accounts will go to my heirs. I think I know just a little bit about money. How about you.

And by the way, your post was extremely misogynistic. Too bad, that's all you think you and your daughters are good for, cooking. Jesus. [/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