This is how it went.
“What was your career?”
He replied ” I worked in ………. as a public servant.”
“When did you retire?”
“I retired at age 55 with an early pension. I could not stand to continue working until age 65.”
I then remarked that it was possible that you could receive retirement benefits that were indexed for the remainder of your life and if you lived to age 95 you would be receiving continued income for a period longer than you worked as a public servant.
To which he replied “yes that could happen.”
How are you doing I said.” I am getting by he replied
Think about that!
- His pension will continue to be paid by the taxpayers.
- He required no education for the position he worked.
This entry was posted on December 12, 2012 at 1:41-05:0012 and is filed under Estate Planning, Financial Commentary, Tim Bits! .....And Philosophy?. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
This is how it went.
“What was your career?”
He replied ” I worked in ………. as a public servant.”
“When did you retire?”
“I retired at age 55 with an early pension. I could not stand to continue working until age 65.”
I then remarked that it was possible that you could receive retirement benefits that were indexed for the remainder of your life and if you lived to age 95 you would be receiving continued income for a period longer than you worked as a public servant.
To which he replied “yes that could happen.”
How are you doing I said.” I am getting by he replied
Think about that!
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This entry was posted on December 12, 2012 at 1:41-05:0012 and is filed under Estate Planning, Financial Commentary, Tim Bits! .....And Philosophy?. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.