Originally Posted by
Guntrain11
Dude, chill. Liar? Hope you're not this emotional when you fly.
I took a pretty good bath in the market from 2007-2008, but then hit some big ones coming out. My frozen pension was less than $7K per month at age 60. PBGC is supposed to pay $3100 per month. I got a little over $220K in MPPP and Notes. That's worth over $700K today, and I still have 4 years to 60. You can do the math. The rest of the DC money has done pretty well too, but I don't count that as it is my current retirement.
I'm talking about the frozen pension and what we got for that, capsice? Thanks for the callout.
So...you turned $220K into $700K? In 10 years?
You're in the wrong business.
Got any stock tips for the rest of us?