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Strategies & Market Trends : Dividend investing for retirement

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To: Steve Felix who wrote (9019)	5/17/2011 9:05:13 AM
From: Elroy	Read Replies (2) of 34328

if something happened the day after she retires, I, or the kids if I died too, would get the equivalent of 13.39 years of annual payments in a lump sum. I also don't have a pention, but am wondering about this. Someone who has worked for 20 years can retire at 55 (or whatever the age you said in a different post) and receive 13.39 years of salary in a lump sum? The salary is the final year's salary, of some percentage of that? It just seems like an awfully large amount, but I guess it depends on the percentage of the final year's salary.

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