How long will you live?

This is a general discussion. If your topic doesn't fit anywhere else, put it here.
Whazzup
Practically Lives Here
Practically Lives Here
Posts: 1944
Joined: Tue Aug 14, 2007 9:28 pm
Location: Florida panhandle

Re: How long will you live?

Post by Whazzup » Sat Dec 29, 2007 3:08 pm

Another (former) government employee here, eligible for membership in DENSA.



GRUMPY PIRATE
Permanent Fixture
Permanent Fixture
Posts: 8780
Joined: Thu Aug 30, 2007 11:23 am
Location: Insane Diego

Re: How long will you live?

Post by GRUMPY PIRATE » Sat Dec 29, 2007 3:09 pm

Whazzup wrote:Another (former) government employee here, eligible for membership in DENSA.
Take the enterence test, it makes you think (not!!!)

hehehe

This is the governments attitude on retirement!

http://despair.com/retirement.html


:pirateflaARRRRRRR YA DOIN'?

Whazzup
Practically Lives Here
Practically Lives Here
Posts: 1944
Joined: Tue Aug 14, 2007 9:28 pm
Location: Florida panhandle

Re: How long will you live?

Post by Whazzup » Sat Dec 29, 2007 3:12 pm

Hey, I submitted my application for DENSA and passed with flying colors. T-shirt and certificate are on their way. I sure do feel special now.



Whazzup
Practically Lives Here
Practically Lives Here
Posts: 1944
Joined: Tue Aug 14, 2007 9:28 pm
Location: Florida panhandle

Re: How long will you live?

Post by Whazzup » Sat Dec 29, 2007 3:14 pm

GRUMPY PIRATE wrote: This is the governments attitude on retirement!

http://despair.com/retirement.html
Love the poster. :rolleyes:



GRUMPY PIRATE
Permanent Fixture
Permanent Fixture
Posts: 8780
Joined: Thu Aug 30, 2007 11:23 am
Location: Insane Diego

Re: How long will you live?

Post by GRUMPY PIRATE » Sat Dec 29, 2007 4:40 pm

Whazzup wrote:Hey, I submitted my application for DENSA and passed with flying colors. T-shirt and certificate are on their way. I sure do feel special now.
Congradulations, you have entered a denser world!!!

(with apologies to Obi Wan!)
The poster is from one of my more favorite web sites!!

I believe Hobi used to work for the guy than founded it!!


:pirateflaARRRRRRR YA DOIN'?

Cheshire Figment
Seasoned Pro
Seasoned Pro
Posts: 878
Joined: Wed Aug 16, 2006 10:16 pm
Location: Poinciana, FL (20 Miles from WDW)

Re: How long will you live?

Post by Cheshire Figment » Sat Dec 29, 2007 7:04 pm

Whazzup wrote:Another (former) government employee here, eligible for membership in DENSA.
Don't knock the Government Retirement programs. They are probably the best employee benefit programs anywhere.

Counting my FERS Retirement, my survivor benefit from Judy's CSRS Retirement, and my Social Security I get over $67,000 per year. Plus over 1/3 Million $ in TSP. And my health insurance program and costs are the same as an active Federal employee. Also, I have free term life insurance which is currently decreasing on a monthly basis, but will not go below $30,000.

Also, the year Judy died she had 45 days in hospitals, including 9 in ICU, over a ten month span and out out of pocket expense for her was capped at $6,000.

And Judy and I met in Mensa.



GRUMPY PIRATE
Permanent Fixture
Permanent Fixture
Posts: 8780
Joined: Thu Aug 30, 2007 11:23 am
Location: Insane Diego

Re: How long will you live?

Post by GRUMPY PIRATE » Sat Dec 29, 2007 7:06 pm

Cheshire Figment wrote:Don't knock the Government Retirement programs. They are probably the best employee benefit programs anywhere.

Counting my FERS Retirement, my survivor benefit from Judy's CSRS Retirement, and my Social Security I get over $67,000 per year. Plus over 1/3 Million $ in TSP. And my health insurance program and costs are the same as an active Federal employee. Also, I have free term life insurance which is currently decreasing on a monthly basis, but will not go below $30,000.

Also, the year Judy died she had 45 days in hospitals, including 9 in ICU, over a ten month span and out out of pocket expense for her was capped at $6,000.

And Judy and I met in Mensa.
Not knocking it at all, have 35 years invested with them!!!


:pirateflaARRRRRRR YA DOIN'?

Whazzup
Practically Lives Here
Practically Lives Here
Posts: 1944
Joined: Tue Aug 14, 2007 9:28 pm
Location: Florida panhandle

Re: How long will you live?

Post by Whazzup » Sat Dec 29, 2007 7:54 pm

I just retired after 38 years under the old CSRS system, so will have the offset if I want social security. You did very well in TSP, Cheshire. I worry about some of the FERS folks whose retirement depends on how the stock market does. Could be scary.

Yes, the health benefits aren't bad compared to private sector.



GRUMPY PIRATE
Permanent Fixture
Permanent Fixture
Posts: 8780
Joined: Thu Aug 30, 2007 11:23 am
Location: Insane Diego

Re: How long will you live?

Post by GRUMPY PIRATE » Sat Dec 29, 2007 7:58 pm

Whazzup wrote:I just retired after 38 years under the old CSRS system, so will have the offset if I want social security. You did very well in TSP, Cheshire. I worry about some of the FERS folks whose retirement depends on how the stock market does. Could be scary.

Yes, the health benefits aren't bad compared to private sector.
Well it they are smart, they listen to the warnings to start moving TSP funds to "G" protected when they are nearing retirement! thy sven sent out in-house e-mails to that effect for us.


:pirateflaARRRRRRR YA DOIN'?

Whazzup
Practically Lives Here
Practically Lives Here
Posts: 1944
Joined: Tue Aug 14, 2007 9:28 pm
Location: Florida panhandle

Re: How long will you live?

Post by Whazzup » Sat Dec 29, 2007 8:27 pm

GRUMPY PIRATE wrote:Well it they are smart, they listen to the warnings to start moving TSP funds to "G" protected when they are nearing retirement! thy sven sent out in-house e-mails to that effect for us.
That's true - although it is tempting to leave more in the other funds and watch those dollars add up quickly. But lately they've been going down even more quickly.



Post Reply