I need advice on 401K

[upschuck]

So was anyone brave enough to check their 401k after yesterday?

I only check a couple times a month, and yesterday wasn't it.

 

[oldngray]

Down a bit but you shouldn't be worrying about short term gains and losses in a 401K. Its all about the long term.

 

[UpstateNYUPSer(Ret)]

So was anyone brave enough to check their 401k after yesterday?

I am down $16K so far.

 

[UPS4Life]

Down a bit but you shouldn't be worrying about short term gains and losses in a 401K. Its all about the long term.

Oh trust me I won't be retiring in the next 15 years I have nothing to worry about there. Was just curious how many people check periodically or if there is a big swing in the market.

 

[IVE GOTTA PACKAGE 4U]

Oh trust me I won't be retiring in the next 15 years I have nothing to worry about there. Was just curious how many people check periodically or if there is a big swing in the market.

I didn't bother looking this week.

 

[brownmonster]

Scared.

 

[IVE GOTTA PACKAGE 4U]

Scared.

Nope. I'm on vacation. Why get upset about it,when I can do nothing about it.

 

[Damondogg]

How do I create a new post?

 

[UpstateNYUPSer(Ret)]

How do I create a new post?

You just did.

 

[Babagounj]

So was anyone brave enough to check their 401k after yesterday?

NO.

 

[Damondogg]

You just did.[/QUOTE
I mean topic. , sorry lol

 

[Babagounj]

Ok, I checked .
Down $26K

 

[oldngray]

Mine was down but has recovered a little.

 

[iDontWorkAtUps]

Did you guys ever put money into your 401k when you were doing jobs like preloading/loading?
What percentage should I put in my 401k if/when I become a driver? How much do you guys put in and do you wish you put in more ?

 

[Damondogg]

How do I create a new topic?

 

[upschuck]

Put in as much as you can. The money you put in now will have the greatest impact when you retire.

Looking back at all the crap I have bought, I wish I had put that money in my 401k instead. I also wish I started contributing when I first started, but it took me maybe 5 years to start. The sooner, the better.

 

[UpstateNYUPSer(Ret)]

I have put in as high as 25% and as low as 0%.

No matter how much you put in (unless you are maxed) you always wish that you had contributed more.

 

[IVE GOTTA PACKAGE 4U]

You got to find the right balance. Put a little in and gradually increase it.

 

[iDontWorkAtUps]

I have put in as high as 25% and as low as 0%.

No matter how much you put in (unless you are maxed) you always wish that you had contributed more.

is there a max percentage or a max amount there can be in there

 

[UpstateNYUPSer(Ret)]

How do I create a new topic?

Search the forum to see if the topic you wish to discuss has already been covered before starting a new thread.