• @[email protected]
    link
    fedilink
    English
    146 months ago

    You might want to check your calculator again. $233k * .05 = 11.65k

    I agree that this isnt anywhere close to lavish retirement money but if he withdraws $20k/ year plus takes his full social security payments, he can probably replace the cart pusher wages. So that’s still retirement money, just a modest retirement.

    • @RememberTheApollo_
      link
      English
      46 months ago

      Thanks. I probably mashed a wrong button somewhere. 11k+ is definitely better, but still poverty added to his SS benefit.