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To: johniegrad

Yeah, mine too. Which is why we’ll both get screwed.


5 posted on 03/29/2010 4:20:56 PM PDT by Cyber Liberty (Build a man a fire; he'll be warm for a night. Set a man on fire; he'll be warm the rest of his life)
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To: Cyber Liberty; johniegrad

Some numbers for you guys...

Life to date I’ve paid in $230,095 and by the time of retirement in 2021 will have paid in more than $365,000...

At 5% earnings compounded I would have a fund worth just under $1,000,000 that could pay me a benefit of $60,000 per year to age 95 (not that I’m going to live that long and which is a lot less than the benefit that would actually be paid) with over $200,000 remaining in the fund at death...

At 8% earnings compounded it is obscene how much cash there would be...

If that’s not theft I don’t know what is...


20 posted on 03/29/2010 5:49:12 PM PDT by BamaBlue
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