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Reply to "Anyone at $330K HHI have a mortgage that is $4900/month (37% of net pay / 17% of gross)?"
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[quote=Anonymous][quote=Anonymous]Your DH won't get 1% of salary for each year, he'll get 1% of his high-3 yrs under current law. I guarantee you that the federal retirement system will be changed to the detriment of future retirees before he retires so you should discount any prediction of his retirement benefit accordingly.[/quote] Just want to point out that once he passes 20 year service mark, he will get 1.1%, not 1%. So in truth, his pension will be 1.1% x number of years x high-3 or high 5 or whatever the law changes to. [/quote]
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