Quote:
Originally Posted by DWB
180,000 a year after the age of 65 is a LOT of money unless you're some international jet setter.
I can't imagine what I'd do at that age to spend anywhere near that much.
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you're still paying taxes when you're 65.
anyway this isn't me, i wish it was, i have a friend whose pension at retirement will pay her $180,000 per year until death. i'm just trying to figure out how much money i'd have to have to have the same sweet retirement one day.
i know nothing about retirement annuities, if i buy one and i die before retirement my family gets nothing? it's like gambling?