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<blockquote data-quote="Oldfart" data-source="post: 2389180" data-attributes="member: 64407"><p>Not sure what you mean by max-out. The 6% needed to get the 3.5% match or the max allowed by the IRS, which is 40% or so. If you can't do 6%, maybe you need to look at some financial publications and see where you are missing out. $50 $60 a week for your financial future. Quit drinking so much beer, smoking too many cigarettes and driving new cars you cant afford. If you want to retire and live with no money issues, you have to make sacrifices while you are working so you can enjoy your later years. Pretty basic common sense.</p><p></p><p>Ask all the teamster drivers how much their pension has or is about to DECREASE due to pension problems. They are taking in less than a $1 for every $1.50 they are paying in benefits. UPS bailed on that plan and started their own but the old employees are still seeing the results of too high of benefits with not enough new money being invested. Do you people not read anything about the financial world? It is there for everyone to see in the USA Today, Morningstar and Forbes.</p></blockquote><p></p>
[QUOTE="Oldfart, post: 2389180, member: 64407"] Not sure what you mean by max-out. The 6% needed to get the 3.5% match or the max allowed by the IRS, which is 40% or so. If you can't do 6%, maybe you need to look at some financial publications and see where you are missing out. $50 $60 a week for your financial future. Quit drinking so much beer, smoking too many cigarettes and driving new cars you cant afford. If you want to retire and live with no money issues, you have to make sacrifices while you are working so you can enjoy your later years. Pretty basic common sense. Ask all the teamster drivers how much their pension has or is about to DECREASE due to pension problems. They are taking in less than a $1 for every $1.50 they are paying in benefits. UPS bailed on that plan and started their own but the old employees are still seeing the results of too high of benefits with not enough new money being invested. Do you people not read anything about the financial world? It is there for everyone to see in the USA Today, Morningstar and Forbes. [/QUOTE]
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