RE: ScaredyCatGuide to the 401(k) - Defining the 401(k) Plan by scaredycatguide

View this thread on: hive.blog | peakd.com | ecency.com

Viewing a response to: @revisesociology/qbnd9b

hive-167922 · @scaredycatguide · Jun 9 '20

True words my friend!  Yes, teachers/cops/firefighters seem to be some of the safest pensions.  Even if they aren't a ton of money.  It's a nice security to have.

👍 revise.leo

`author`	scaredycatguide
`permlink`	qbnvss
`category`	hive-167922
`json_metadata`	{"app":"hiveblog/0.1"}
`created`	2020-06-09 13:50:51
`last_update`	2020-06-09 13:50:51
`depth`	2
`children`	3
`last_payout`	2020-06-16 13:50:51
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	162
`author_reputation`	983,617,753,066,038
`root_title`	"ScaredyCatGuide to the 401(k) - Defining the 401(k) Plan"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	97,863,763
`net_rshares`	14,078,177
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
revise.leo	0 B		14,078,177	5%

@revise.leo · Jun 9 '20

Now I'm out of the teaching game it makes up for it! I know a number of people still in teaching in their 50s, hanging on for the pension. 

However, although I can claim mine at 60 ATM, I'm fully expecting that age to be put back, I'll be lucky if I get it before 62, possible as late as 65 or 67. 

I'll be amazed if I can cash in at 60, we both know the way pensions work, with the ever distancing retirement age (even though life expectancy in the US is now decreasing)

Posted Using [LeoFinance](https://leofinance.io/@revise.leo/qbo2eo)

properties (22)

`author`	revise.leo
`permlink`	qbo2eo
`category`	hive-167922
`json_metadata`	{"tags":["leofinance"],"app":"leofinance/0.1","canonical_url":"https://leofinance.io/@revise.leo/qbo2eo"}
`created`	2020-06-09 16:13:33
`last_update`	2020-06-09 16:13:33
`depth`	3
`children`	2
`last_payout`	2020-06-16 16:13:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	542
`author_reputation`	46,990,624,125,264
`root_title`	"ScaredyCatGuide to the 401(k) - Defining the 401(k) Plan"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	97,866,073
`net_rshares`	0

@scaredycatguide · Jun 9 '20

Yup, my mom is thinking of retiring now at 63 cus by time she is 65 there may be less benefits.  Changes already being made to medical benefits.

👍 revise.leo

`author`	scaredycatguide
`permlink`	qbo872
`category`	hive-167922
`json_metadata`	{"app":"hiveblog/0.1"}
`created`	2020-06-09 18:18:39
`last_update`	2020-06-09 18:18:39
`depth`	4
`children`	1
`last_payout`	2020-06-16 18:18:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	144
`author_reputation`	983,617,753,066,038
`root_title`	"ScaredyCatGuide to the 401(k) - Defining the 401(k) Plan"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	97,868,000
`net_rshares`	10,408,952
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
revise.leo	0 B		10,408,952	5%

@revise.leo · Jun 10 '20

It's a difficult thing to judge, the timing of when to cash in! I'd personally go for earlier, but I am a little bit obsessed with the concept of early retirement (or not retirement, I'll still work, but more of my own choosing).

Posted Using [LeoFinance](https://leofinance.io/@revise.leo/qbpdwy)

properties (22)