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What is the pension expected payment? You could estimate the pension as a risk free asset, paying approximately 4% a year. That would give you a comparison bet
by arcanus 4y ago
What is the pension expected payment?
You could estimate the pension as a risk free asset, paying approximately 4% a year. That would give you a comparison between what you need to save in industry vs. the government. For example of the pension is 200k a year, you would need to have saved 5 million in industry for the equivalent.
- FactualActuals 4y agoIf I don't go into management, and assuming there are absolutely no more cost of living adjustments or changes to how much my pay scale pays, my salary will cap out around 150k a year. If I go into management, whether it's technical leadership or as a normal manager, then I could cap out around 176k a year. I don't recall off the top of my head how much that translates to per month with pension.