![]() There is more than one path- everyone defines success differently. If he's going to be a general contractor for his own home and do a lot of his own work - he's going to save a considerable amount of money. Sounds like they will have a house paid off quite young- removing a mortgage payment. For him to really get the benefit of his pension plan, he would likely have had to stay with the force for another decade or so Just posting this as some comments make it sound like your (OP’s) brother raided a large 401k plan. If I left before that, I do not believe I could collect retirement- I would only be eligible to roll over or cash out my contributions. I would be eligible for early retirment in 3 years at 50 with annual benefit of about $20,000. Regarding cashing in the retirement, how much was it? As a public employee in the education world with 17 years of experience my contributions that I would be able to cash out are you around 65,000.in 3 years that figure will be about 80,000. ![]() I'm just not going to cash out my retirement to do this. It has nothing to do with gender roles and has everything to do with him cashing out darn nearly every cent of his retirement to fund a completely new life.Īs a matter of fact my plan is to largely be a SAHD here in about 3-7 years, market/life depending. Is all this hand wringing about a single income household just because traditional gender roles are reversed? My parents lived frugally and had a wonderful retirement. ![]() ![]() My mother was a stay at home mom so never accrued a pension so never had one to cash out. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |