I'm 40 and been with the company 20 years. The Pension Plan was a stable value formula averaged last few years earnings, the calculator had my sum around 800,000 when I would retire. Now they're offering a "% of eligible pay" every pay period, that scales up every 5 years. I'll hit 9% by retirement. Today I'll receive 7% into a tiaa account and I control the investment side. But I am feeling lost, I was happy to have that safety annuity. Should this money be parked in a target date fund or something aggressive right now?
Submitted September 17, 2024 at 07:55PM by comeuppins https://ift.tt/y1mFJka
