Quote:
Originally Posted by Digitalis
Most people prob didn't make it to the bottom of the article.
" My wife and I have collectively worked 70 years to be debt-free. Their solution is to put us back into debt"
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I think a College instructor pulls in ~$80 - 90k a year. Each of them working 35 years means they are both collecting their full pension -- ie. 70% of their income. The college instructor pension plans is the nicest, gold-standard pension you can get, and it has provisions to occassionally account for inflation indexing. So this means they are roughly pulling in $110k+ combined from their pensions before taxes.