Divorce and retirement....
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I'm trying to help a friend out with some information and I'm hoping someone here can help out a fellow American down on his luck, with a little spare knowledge... I need a formula to figure out a present value cash offer (for an equitable split), from only a future value annuity estimate. I know...but someone just laughed at that and said..."pretty obvious, there Einstein!" Your the one I need help from, and Thank You in advance. Here is what I have from the pension fund... If he leaves the job today (he is 50 years old), he would receive... - 486.83 a month beginning at the age of 55. (01 July 12) or wait and get...
- 1010.47 a month beginning at the age of 62. (01 July 19) or wait and get...
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- 1401.11 a month beginning at the age of 65. (01 July 22).
Any help that I could get, I would really appreciate. If you could tell me how to get the answer, that would be even better. I promise to spread the knowledge base. Thanks, John the "Teamster"
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Teamster
New User
May 2, 2008, 9:54 AM
Post #1 of 1
(1590 views)
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