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Madison MoneySports - Personal Finance Thread
(02-27-2019, 09:14 AM)V1GiLaNtE Wrote: CapTech does 100% match up to 3% and then 50% for 3-5%.

Light years ahead of Deloitte. I got my pension info from them which I figure is enough to have a nice little "Fuck You Deloitte" dinner for myself once a month during retirement. Smile

Hey now, I have been there long enough that I can now take my wife to the "Fuck you Deloitte" dinner too and have a nice bottle of wine.  Okay maybe not nice, but A bottle of wine!

It's not a retirement pension for sure, but the benefit isn't too bad. 3% of your salary every year + 3.8% on the balance in your account and that percentage basis goes up the longer you stay. The first 2 years are laughable, but I imagine if you there for 20+ years (HAHAHAHAHHAHAHAHHAHAH), it might be a good chunk of "fill the gas tank of the boat" money.

For example: When I turn 35 (in 3 years), it's 4% of my salary, and when I turn 40, it goes to 5% of my salary (no caps till you hit like $300k of income, which at my current career path will be age 492 (kidding). 5% of my salary plus 3.8% or more of credit on my balance starts to really be a nice advantage. Again, it's really aimed at the guys that stay longer than 5 years.
2020 Ford Raptor
2009 Z06
1986.5 Porsche 928S
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