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<p>[QUOTE="Anonymous, post: 4882228"]This is a great question, and after some quick math, this is what I concluded.</p><p>My situation with slightly rounded numbers:</p><p>They are offering me $100,000, or $640 / month if I was single, or $600 / month if I am married.</p><p><br /></p><p>First, if I was single the math goes this way:</p><p>$100,000 / $640 per month = 156 payments /12 months = 13 years then I am on extra money. When I die, it is all gone and nobody else gets any money.</p><p>$640 per month X 12 months = $7680 per year.</p><p><br /></p><p>Second, if I was married, which I am, goes this way:</p><p>$100,000 / $600 per month = 166 payments / 12 months = 13.8 years then we are on extra money. If I die, my wife only gets $300 per month until she dies and then nobody else gets any money.</p><p>$600 per month X 12 months = $7200 per year.</p><p>$300 per month X 12 months = $3600 per year.</p><p><br /></p><p>If I take the whole $100,000 as a lump sum and do a direct roll over to my self directed IRA at Schwab, I decide when I will begin to receive the money and pay no taxes until that time. Meanwhile, I am going to invest it in the S&P 50 ETF SPY. Morningstar shows a 10 year history of 7.5% growth.</p><p>$100,000 X 7.5% = $7500 per year.</p><p>No matter who dies first or when, we still have that $7500 and when we die, we still have the $100,000 to pass on to the kids. Plus, in our case, we do not need the money until I am required to begin mandatory withdrawals at age 72, about 10 years from now. Based on the "Rule of 72" which all investors must know, that $100,000 at only 7% will DOUBLE to $200,000 before I begin to withdraw money.</p><p><br /></p><p>It is true that the market goes up as well as down, but over the long term, it goes up.</p><p>Which plan do you think I an going to take?[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 4882228"]This is a great question, and after some quick math, this is what I concluded. My situation with slightly rounded numbers: They are offering me $100,000, or $640 / month if I was single, or $600 / month if I am married. First, if I was single the math goes this way: $100,000 / $640 per month = 156 payments /12 months = 13 years then I am on extra money. When I die, it is all gone and nobody else gets any money. $640 per month X 12 months = $7680 per year. Second, if I was married, which I am, goes this way: $100,000 / $600 per month = 166 payments / 12 months = 13.8 years then we are on extra money. If I die, my wife only gets $300 per month until she dies and then nobody else gets any money. $600 per month X 12 months = $7200 per year. $300 per month X 12 months = $3600 per year. If I take the whole $100,000 as a lump sum and do a direct roll over to my self directed IRA at Schwab, I decide when I will begin to receive the money and pay no taxes until that time. Meanwhile, I am going to invest it in the S&P 50 ETF SPY. Morningstar shows a 10 year history of 7.5% growth. $100,000 X 7.5% = $7500 per year. No matter who dies first or when, we still have that $7500 and when we die, we still have the $100,000 to pass on to the kids. Plus, in our case, we do not need the money until I am required to begin mandatory withdrawals at age 72, about 10 years from now. Based on the "Rule of 72" which all investors must know, that $100,000 at only 7% will DOUBLE to $200,000 before I begin to withdraw money. It is true that the market goes up as well as down, but over the long term, it goes up. Which plan do you think I an going to take?[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Roche
>
Roche Pension Lump Sum Offer
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Roche
>
Roche Pension Lump Sum Offer
>