SuperFLUF
lazy Mc Donald's pilot
- Joined
- Jul 9, 2003
- Posts
- 639
Honestly, we've been hearing about all these guys leaving because if this and that and frankly, it's all complete BS! Those guys aren't leaving. They're making six figures, working as much as they can and you ain't gonna pry that money out of their hands no matter what you do.
Nothing is going to occur. Nothing is going to change. They will retire when they are 65, dead, or just bored.
Spot on.
The vast majority of the guys who's lump sums are large enough to be affected by the rate changes have left. The rest of them make up the difference with the B fund and their salary. The B fund contributions alone for most of them make up for the amount that the lump sum is decreasing so then their salary is "money in the bank".
Either way, many did not plan properly for their retirement and will have to deal with a substantial lifestyle change when they retire so they will keep working as long as they can.
Sad but true.