Earthshine Posted February 25, 2021 Share Posted February 25, 2021 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 Quote Link to comment Share on other sites More sharing options...
paintguy Posted March 10, 2021 Share Posted March 10, 2021 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. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
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.