Originally Posted by Flaps50

If you are a FDX Widebody Captain making 250K+/yr. and are debt free at retirement with about 1.5M in your Vanguard account at age 65 with 130K/yr - (spousal annuity fees) coming in for life from the A plan. I am not sure the amount, but I would guess you would not be forced to take out an additional 130K/year from your tax differed retirement putting you in the same tax bracket you were in when you retired. Let me know if I'm wrong, but the max you can even contribute to a tax differed retirement per year is somewhere in the mid 40K range. Not to mention that you are probably in the highest tax bracket anyway, and it is very likely that it will only go up with how broke the government is right now putting you in an even higher tax bracket when you retire with the same income level. Not much control over that anyway however I think we agree that if you are dangling around a bunch of frivolous debt deal with that first.