Economics and Personal Finances Finances Financial Planning


Divorce and retirement....

 

Join the Forum Community!  
Divorce and retirement.... Can't Post

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...
      • 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"

Teamster
New User

May 2, 2008, 9:54 AM

Post #1 of 1 (1590 views)

  Visit Our Blog