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Brown Cafe UPS Forum
UPS Union Issues
It’s about to get real here in 705!
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<blockquote data-quote="710 steward" data-source="post: 3799573" data-attributes="member: 52299"><p>I have made all of my losses up and MORE than doubled my balance since then. I’m not sure if you realize this but $200 a week in a 401k without ever increasing the $200 is a tick under 700 grand at 5% interest compounded for 30 years. You could draw 4 grand a month out it for 25 years before it ran out of money. You keep your pension. I’ll gladly take the 700 grand and if I die it can be passed on to my loved ones.</p></blockquote><p></p>
[QUOTE="710 steward, post: 3799573, member: 52299"] I have made all of my losses up and MORE than doubled my balance since then. I’m not sure if you realize this but $200 a week in a 401k without ever increasing the $200 is a tick under 700 grand at 5% interest compounded for 30 years. You could draw 4 grand a month out it for 25 years before it ran out of money. You keep your pension. I’ll gladly take the 700 grand and if I die it can be passed on to my loved ones. [/QUOTE]
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It’s about to get real here in 705!
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