Originally Posted by
pinseeker
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?
I'm really thinking about new hires. Again, the variables are endless here. How old are you when you got hired? How long will you live? What are market returns? Will Fedex be here when you retire? Bankruptcy? Good to have the conversation though...