Someone is rediscovering Pensions. Know what you hold!

[Next Day Err]

You don't need to max out your contributions but at least 5%. Probably closer to 10% is better.

I prefer to max it. $23,000 this year is the max for anyone reading this.

 

[DriverNerd]

I prefer to max it. $23,000 this year is the max for anyone reading this.

More if you're old.

 

[Over70irregs]

More if you're old.

Get ready. $ supply just went up again hence the 401k limit increase

 

[Johney]

You wouldn't believe how many drivers only put in one or 2%

Raptors and new houses are expensive man come on!

 

[IVE GOTTA PACKAGE 4U]

Raptors and new houses are expensive man come on!

Yep

 

[pkgdriver]

Raptors and new houses are expensive man come on!

Doordash aint cheap either.

 

[Johney]

Doordash aint cheap either.

 

[Babagounj]

17% when working.
Gives me a well above average 401K, today.
Every penny I've taken out of the 401K since 2015 has been refilled with the current stock market numbers.
And over $500,000 from the pension, too. ( only 8 years )
I can afford to wait till I'm 70 to collect SS.

Not bad for a combo worker.

 

[IVE GOTTA PACKAGE 4U]

17% when working.
Gives me a well above average 401K, today.
Every penny I've taken out of the 401K since 2015 has been refilled with the current stock market numbers.
And over $500,000 from the pension, too. ( only 8 years )
I can afford to wait till I'm 70 to collect SS.

Not bad for a combo worker.

Good job brother

 

[burrheadd]

Hope I get mine in the @Future , ur is part of that 32 trillion

Plus what sob got us out of the Western Conference

 

[Babagounj]

Good job brother

You're still included in my will.

 

[ManInBrown]

Full-time top scale UPS employees are high earners. I have a feeling we would be shocked to know Many are putting away very little on their own.

We take for granted how much we make. I never really think about it. Was perusing Reddit the other day and the topic was someone bought a new car for this price and their income was this. People were commenting that they make this much money and have this car. All decent jobs, good money. Very few comments made the money we make. Lots of 50k,70k,80k. No clue how people are getting by today with inflation and cost of living if they rent. Thankful to have a good paying job.

 

[Coldworld]

We just got a nice raise this contract and people were still complaining they can't afford to put something in
They are going to be in for a rude awakening when retirement time comes

It comes fast...like a 18 year old @Coldworld

 

[Coldworld]

Good job brother

Thanks

 

[Babagounj]

I'm amazed of what my 401K total is today, all without a company contribution match.

 

[Thebrownblob]

I'm amazed of what my 401K total is today, all without a company contribution match.

Just have to stay dedicated to contributing

 

[Babagounj]

Just have to stay dedicated to contributing

Haven't made a contribution since 2015, when I was medically forced to retire.
Plantar fasciitis in both feet.

 

[Thebrownblob]

Haven't made a contribution since 2015, when I was medically forced to retire.
Plantar fasciitis in both feet.

Damn that sounds painful. I’ve had a small case of plantar fasciitis before and it was not fun.

 

[bottomups]

17% when working.
Gives me a well above average 401K, today.
Every penny I've taken out of the 401K since 2015 has been refilled with the current stock market numbers.
And over $500,000 from the pension, too. ( only 8 years )
I can afford to wait till I'm 70 to collect SS.

Not bad for a combo worker.

I took SS at 62. Will not have to touch the 401K until they force me at 72. I figured I may as well suck as much SS as possible and leave the 401K to the kids.

 

[Wally]

I took SS at 62. Will not have to touch the 401K until they force me at 72. I figured I may as well suck as much SS as possible and leave the 401K to the kids.

Pay Uncle Sam and invest the rest. Let the kids fight over it.