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Brown Cafe UPS Forum
UPS Retirement Topics
Just started my 401k, thoughts?
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 1218160" data-attributes="member: 12570"><p>Thanks.</p><p></p><p>I want to be in a position where I decide if I am ready to retire, not my finances.</p><p></p><p>My son is going for his MBA and had to borrow $43K to pay for it. There were some on this forum who thought that I should help pay for part of it. My ex initially felt this way as well. While I would have loved to have helped out, I have less than 6 years to go before I am eligible to retire. The last thing I need to do at this point is take on more debt. He is working as a TA and I send a check once a month so he can get some groceries.</p><p></p><p>He does not know this but I am hoping to pay off his students loans ($70K) for him from the proceeds of the sale of my condo.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 1218160, member: 12570"] Thanks. I want to be in a position where I decide if I am ready to retire, not my finances. My son is going for his MBA and had to borrow $43K to pay for it. There were some on this forum who thought that I should help pay for part of it. My ex initially felt this way as well. While I would have loved to have helped out, I have less than 6 years to go before I am eligible to retire. The last thing I need to do at this point is take on more debt. He is working as a TA and I send a check once a month so he can get some groceries. He does not know this but I am hoping to pay off his students loans ($70K) for him from the proceeds of the sale of my condo. [/QUOTE]
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Just started my 401k, thoughts?
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