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Strategies & Market Trends : Dividend investing for retirement

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To: JimisJim who wrote (27892)	9/4/2017 8:22:59 PM
From: Steve Felix	Read Replies (1) of 34328

Funny how pensions come in different forms. When the county sold our county home, anyone 55 with 20 years in could take their pension immediately. It was frozen and would not grow. Those missing the qualifications were rolled to some other plan. We chose for the wife to take the max. It came with a thirteen year minimum guarantee. If she dies before me, I get a lump sum of whatever they would have had to pay out until her thirteen years were up. If I am already gone, it goes to our girls. At a well reduced rate, I could have been guaranteed a payment as long as I live. Looking at our family histories, I figure she will still be collecting after I have been collected. :(

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