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Originally Posted by Sublime 2
Right at the $125,000 mark at 34, not including my wife's teacher's pension. Pretty happy with where we're at.
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My wife has a pension too which we are looking forward to supplementing savings and SS.
I can't figure out a clear answers on how teacher's/state pension and SS will work. I know double dipping has been reduced/eliminated but say during retirement I am expecting SS = $20,000, a non-working wife would get half of that SS = $10,000. But if she also gets a teacher's/state pension of $5,000 or $15,000 what would happen?
Any financial planners here that know the answer?