Jump to content

Pension


Earthshine

Recommended Posts

Does anyone know if there is any reason to choose a particular month or number of years before retiring early (essentially quitting as I’m not retirement age)? For example would it make a big difference if you chose after an anniversary? This is for those choosing to retire before 30 years anniversary (so not eligible for full retiree benefits) 

 

I know I can get a lump sum if I leave early, invest it on my own and put a family member down as a beneficiary. If I stay until 30 years, I can’t lists. Beneficiary until I retire 

Link to comment
Share on other sites

  • 2 weeks later...

Wow. Quite a bit here. As a salaried retiree, some of this may not apply to UAW retirees. I found HR online retirement calculators most helpful. You can run a number of "what if" scenarios. When I did retire, calculations were within a dollar a month in benefits. Age of employee, beneficiary all make a difference in the calculation. If you are UAW, try running some of this by the benefits rep. Some of those folks were very knowledgeable. From a non UAW guy, this is high praise.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...