Covid Vaccine Aftermath

[Box Ox]

what portion of americans have no 401k?

i assume its the inferior thing which replaced defined pensions.

i currently work for a company with a defined pension. i quit one that had one. im interviewing with one that has one i think.

ive worked with rich companies that just match some of what you contribute.

Still on track to head to Ireland next year?

 

[rickyb]

Still on track to head to Ireland next year?

my buddy gets an old age swiss pension. its a cool 5000 usd a month/.

 

[Box Ox]

Still on track to head to Ireland next year?

my buddy gets an old age swiss pension. its a cool 5000 usd a month/.

You could go make Swiss Army knives there but you might miss out on making t-shirts and can openers when Trump brings back those factories.

 

[oldngray]

Aren't the Swiss still living on Nazi gold?

 

[rickyb]

You could go make Swiss Army knives there but you might miss out on making t-shirts and can openers when Trump brings back those factories.

dont sell yourself short getting stuck in north america.

 

[rickyb]

Aren't the Swiss still living on Nazi gold?

nazis stole the greeks gold.

 

[Box Ox]

dont sell yourself short getting stuck in north america.

You wouldn't leave it if you could become one of us.

 

[rickyb]

You wouldn't leave it if you could become one of us.

i am north american.

 

[newfie]

come again?

ups offers both

 

[rickyb]

ups offers both

i think youre right.

 

[rickyb]

ups offers both

ive watched frontline documentary on retirement crisis

 

[newfie]

i think youre right.

i know im right

 

[newfie]

ive watched frontline documentary on retirement crisis

did frontline tell you this?

The U.S. Bureau of Labor Statistics reports that 57% of private-sector firms with fewer than 100 workers offered a retirement benefit plan as of 2023, while 86% of companies with 100 or more workers—and 91% of firms with 500 or more workers—offered a plan

 

[newfie]

my buddy gets an old age swiss pension. its a cool 5000 usd a month/.

he wastes it living in canada when he could go somewhere much cheaper to live?

 

[Box Ox]

dont sell yourself short getting stuck in north america.

You wouldn't leave it if you could become one of us.

i am north american.

Of course you are.

 

[rickyb]

he wastes it living in canada when he could go somewhere much cheaper to live?

hes a professor and rich so i guess its not a concern. i would probably stick around if i had that job too. his daughter is a dual national, thats all that matters.

 

[rickyb]

did frontline tell you this?

The U.S. Bureau of Labor Statistics reports that 57% of private-sector firms with fewer than 100 workers offered a retirement benefit plan as of 2023, while 86% of companies with 100 or more workers—and 91% of firms with 500 or more workers—offered a plan

i watched it a long time ago

it just says they contribute. doesnt say how much.

 

[Thebrownblob]

i watched it a long time ago

it just says they contribute. doesnt say how much.

I have a pension. It’s great. I’m glad I do.

I also have a 401(k) that never received any matching contributions from UPS.

So everything I saved was my own money in that 401(k).

I am not an investing guru.

I treated my 401(k) like a Ronco rotisserie chicken commercial. I “set it and forget it.”

It has done very well. When I retire, I will likely have well over $1 million..

Saving for retirement requires only personal responsibility.

 

[rickyb]

I have a pension. It’s great. I’m glad I do.

I also have a 401(k) that never received any matching contributions from UPS.

So everything I saved was my own money in that 401(k).

I am not an investing guru.

I treated my 401(k) like a Ronco rotisserie chicken commercial. I “set it and forget it.”

It has done very well. When I retire, I will likely have well over $1 million..

Saving for retirement requires only personal responsibility.

and some money

 

[Thebrownblob]

and some money

That’s the beauty of compounding.

If you had saved just $10 in your 401(k) every week since 2008 you would have almost $400,000 today.

Everyone has an extra $10 they could be saving and probably much more.