Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
I need advice on 401K
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Orion inc." data-source="post: 1731940" data-attributes="member: 58808"><p>Id say at 40 you need to up it to 20% and cut expenses elsewhere. Or work more hours to make up for the increase. Plus you'll have a lower tax obligation with the more you put away. 3-5% or even 10% at that age isn't enough. </p><p></p><p>When you retire, you'll need more than today as the cost of living will be higher. Sacrifice and do 20%. Look at cutting costs elsewhere like less eating out etc or lower cell bill. </p><p></p><p>Start that now and you won't be scrambling in your 50s to really catch up.</p></blockquote><p></p>
[QUOTE="Orion inc., post: 1731940, member: 58808"] Id say at 40 you need to up it to 20% and cut expenses elsewhere. Or work more hours to make up for the increase. Plus you'll have a lower tax obligation with the more you put away. 3-5% or even 10% at that age isn't enough. When you retire, you'll need more than today as the cost of living will be higher. Sacrifice and do 20%. Look at cutting costs elsewhere like less eating out etc or lower cell bill. Start that now and you won't be scrambling in your 50s to really catch up. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
I need advice on 401K
Top