Quote:
Originally Posted by Sedan_Clan
Well that’s already occurring with my deferred compensation plan handled by Schwab. I put 8.5% of each paycheck into my deferred compensation for Schwab to do what they do best. Another 15% goes into the pension fund.
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Putting 24% of your money away is pretty smart, gotta say. Not too many do that and I'm sure it will pay off.
How much longer you have to go to hit pension? I'm assuming for police the lifespan required to hit "retirement" is much shorter than your average public service employee.