Re: [TSP_Strategy] Re: Amount Needed to Retire Comfortably

 

Great advice George,. 

On 4/2/2017 10:14 AM, gmbetz@yahoo.com [TSP_Strategy] wrote:

 

What is the lump sum equivalent of a government pension?  The answer is easy.  Find a provider of guaranteed annuities.  Not hybrids or index, plain simple guaranteed annuities.   USAA sells them as do may financial companies.  This can be done online.  Plug in the figures you want for a guaranteed monthly amount.   Use the amount that your government pension provides.  Want automatic cost of living increases?  Check that box.  Want payments to  continue for surviving spouse? Check that box.   Hit the calculate button and volia -- you will be provided with the lump sum the annuity company wants to be able to provide you with that guaranteed monthly income.

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Posted by: dean shupe <shupeds@ucmail.uc.edu>

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Ditulis oleh: Andriansyah -