I had a pension that I was paying into for 27 years... It's now worth less than a Herman Cain endorsement.
Sentiment: NEGATIVE
I haven't quite got the hang of this retirement thing.
My NFL pension can barely pay my son's tuition. You know, it's very little money.
I know I'm in the exceptional position of having money but I didn't have it for many decades.
A pension is nothing more than deferred compensation.
Until 1943 I received no stipend. I was able to support myself as my mother was the daughter of a relatively wealthy cotton manufacturer.
Think of your pension and start saving. Like my father, I have been a spendthrift, and I regret that.
I have to think about the possible ramifications of an early retirement.
I had a 20-year, stellar government career.
At that time I was making the largest salary known on television and I didn't want to see it die because those were the years paying off when I wasn't making anything.
At this point I have enough money to live 25 lifetimes. You couldn't spend the money I've accrued now.