UpstateNYUPSer(Ret)
Well-Known Member
This also concerns me, although I don't think we will see it in our lifetimes. Our kids may have to deal with this when it is their turn to retire.
How big is your 401k?
- Thread starter joesmith
- Start date
This also concerns me, although I don't think we will see it in our lifetimes. Our kids may have to deal with this when it is their turn to retire.
jaker
trolling
This is my plan don't know if any of you think it's ok
I don't have nothing in my 401k and don't plan on putting nothing into it , but my retirement plan is feeder
We have everything we need now and getting it down to bare necessities so when I hit feeder I will only have a car payment for a year and then just the bills that happen every month
The plan is to bank half my feeder check every week until I retire , we are living fine on driver pay so anything over that is just more money and I hope to do 20 years in feeder unless life screws it up
I don't have nothing in my 401k and don't plan on putting nothing into it , but my retirement plan is feeder
We have everything we need now and getting it down to bare necessities so when I hit feeder I will only have a car payment for a year and then just the bills that happen every month
The plan is to bank half my feeder check every week until I retire , we are living fine on driver pay so anything over that is just more money and I hope to do 20 years in feeder unless life screws it up
T
Turdferguson
Guest
That ain't a plan dude
jaker
trolling
And why is that , the goal is to have money for retirement and I will have that and no market or government can take it
novadriver
Well-Known Member
$300.00 lmao
Got to start somewhere.
T
Turdferguson
Guest
No but some goofball not paying a lick of attention driving down the road can, or some supervisor who doesn't like the cut of your gib can , crap happens in life they take the money out pretax you don't even notice it plus you are not tempted to dip into your 401k
jaker
trolling
You only making 300 more in feeder then when you was a driver
All the guys I know bring home 1700 week and that is the local guys , long haul guys are over 1900 a week
I don't want to do anything but long hauls have no interest in local runs at all
jaker
trolling
True but that can still happen now even if you put into 401 , so short term 401 isn't going to help you if it does happens
And as far as being tempted I already have money taken out and put into account that only me and the wife can take money out of if we are together
jaker
trolling
Good luck with that!![/QUOTE]
Here in the west they are making guys sign a paper saying they will do long hauls for a year
They have a hard time getting guys in my area to do long hauls and drivers with low seniority are being forced to do them
brownmonster
Man of Great Wisdom
You couldn't afford to put money away as a lowly package driver? If you are always waiting for the next windfall to start saving, you will always be broke.
jaker
trolling
Didn't say I didn't save money , I said I don't use 401 and have no plans to use it
So I don't know what you are trying to say , do I have enough in the bank to retire right now then no , but I have enough to miss a about 6 months of work
Lead Belly
BANNED
That's funny. I'm worth more dead than alive.
Maybe on paper. No amount of money can replace you.
brownmonster
Man of Great Wisdom
Depends who you ask.
I'm priceless!
joesmith
Active Member
Update I have temporally stopped contributing money to my 401k, im now focused on paying off a car loan and I’m sending all of the money that was going into the 401k to the car loan and when I pay it off all of the car payment will go into the 401k on top of the 10%.
the reit has had a good run but seems to be trending down now.
the reit has had a good run but seems to be trending down now.
Why not at least contribute 1%?
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