Originally Posted by
Stan446
Not even close on 6 mill. You would have to be in an aggressive fund to make 6 mill. And who care about grandkids getting money, you'll spend it. And you won't have $210K/yr at 3.5%. But yes, sell out the pension. You'll give the company billions if not millions while making sub industry pay. But keep thinking anything other than a pension is a good idea.
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Lots of young guys will get there with 18-20% B fund on top of their Roths and TSP/prior 401K Easily.
Ok fine 210K per year before taxes. But yea 210K per year. Shave it off the top of your $6M and live off of it and don’t touch the next egg until you’re required to. Rinse and repeat. Not sure what part of the math you’re fuzzy on.
Finally, I’m working to change my family tree. I’m not going to die with zero. That’s no legacy.