Originally Posted by
golfandfly
If they would have said, "the retirement high five number would stay at 260k", would you have entertained any other options? Let's say you are 30 and just got hired here. What is 130k (minus any survivor benefit) going to be worth in 2046? We can only use statistical inflation numbers to guess, but I'd say it won't be worth a lot. What would a 17% B fund (cash over cap)be worth? Again, we can only guess at market performance, so we really don't have a clear picture. But, needless to say, I think most of us would have listened to the offer had we known that our A fund wasn't going to improve.
What would you have to contribute yearly at a 7% ROR for 25 years to get an annuity worth $130 per year for 15 years?
We currently have an 8% B fund.
So how much per year would you have to make to so that 9% equalled that yearly contribution?
If you do get cash over cap, how much would you need to cover the taxes on that cash over cap?