Advice about retirement

[eta34]

^Exactly.

[yzErnie]

I would stick with the current gig and keep looking for another Coroner job that has a better retirement option. There are so many out there.
OR negotiate with the new employer and tell them you want to keep the current PERS formula. If they want you, they will accommodate you.

Where in the world did you come up with this nonsense? It simply doesn't work like that in public safety retirement systems. The Coroner's agency already has a retirement system in place and they do not make exceptions.

[blackberg]

If you get the other job could you withdraw the PERS $$$ and reinvest it in a different retirement account without penalty?.

I just did this for a client of mine, she was out of PERS and no intention of going back to that line of work inthe future.

-bb

[TrailerparkTrash]

So many people don’t realize just how important retirement income is. To the OP, no matter what career path you choose, you should ALWAYS ALWAYS ALWAYS plan to start a supplementary “retirement plan” IMMEDIATELY by investing a portion of your income every single month. Keep it SEPERATE from an ordinary bank “savings account.” Don’t solely rely on your employer’s retirement plan to carry you through retirement! Over the years I’ve ingrained this philosophy into my kid’s brains since they were in grade school and I continue to “preach” this belief to this day. Just contribute what you can afford, even if it’s a small amount. When you get a raise, give your supplemental contribution a raise as well. My kids started their very first Roth IRA when they got their first minimum wage jobs. They carry that retirement plan with them now and don’t even think about it. A portion of each check goes straight into that account. I tell them that when they’re 60-ish, they will thank their long gone pops for the advice.

It could be a “deferred compensation” plan, a Roth IRA, mutual funds, precious metals or whatever. But start it and never ever ever touch it until retirement. Don’t use it to buy a car, pay off debt or as a down payment of a house.

As Ron Popeil used to say about his “Ronco Ovens” he’d sell on TV infomercials.....

Just “SET IT AND FORGET IT!”

[sacmedic01]

^^^This^^^


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[Rapid Cool]

I'm sure the bargaining unit that represents the Coroners office would love that.

Where in the world did you come up with this nonsense? It simply doesn't work like that in public safety retirement systems. The Coroner's agency already has a retirement system in place and they do not make exceptions.

I have done it as a Firefighter in So Cal at the time of job offer. I know Nurses that have also done it. Depending on the agency, you can bargain pay steps and ask to do other things. Now as someone working in the Coroner Investigators office, those people are had to find and deals can be made, depending on how bad they want you.