Originally Posted by
FIT59
Someone mentioned this in an earlier thread, but I think it's worth mentioning again (because bashing the over 60 crowd on a private message board is one way to vent our frustration).
How about penalizing someone for retiring after age 60 similarly to the penalties we have for retiring before 60??? I know, I know, "Cutting Off One's Nose to Spite One's Face".
But if it makes us feel better in the short term
It was mentioned. Here is what I would support:
Work Till(the percentage would be subtracted off your final pension numbers):
60-61 - 3%
61-62 - 7%
62-63 -15%
63-64 -30 %
64-65 - 40%
You may think that is harsh. If you think about it though its not really. Just think that the guy/gal that does this till 65 will not live long enough to really have a retirement. They will have all the "extra" money sitting around in their B fund / 401k.
Any takers?
I doubt it. They have all convinced themselves that they are gonna live to be 100 and REALLY "need" the money.
Is my sarcasm light bright enough???
