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Brown Cafe UPS Forum
UPS Retirement Topics
Just started my 401k, thoughts?
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<blockquote data-quote="anonymous6" data-source="post: 1218238"><p>3% is too low for your age. try 10% for awhile and you'll be surprised that you don't even miss it. plus you save on your taxes. after 6 months go up to 15% and see how that works. actually at your age you really should try to MAX out your 401k. after 30 years you will have a couple million dollars.</p><p></p><p>use the calculator at the website and you'll see. I have been maxing out for years. I save over 5000 dollars on my taxes every year and the amount I have accumulated is mucho dinero..........it's actually embarrassing. I don't want the wife to even know. may give her ideas.</p></blockquote><p></p>
[QUOTE="anonymous6, post: 1218238"] 3% is too low for your age. try 10% for awhile and you'll be surprised that you don't even miss it. plus you save on your taxes. after 6 months go up to 15% and see how that works. actually at your age you really should try to MAX out your 401k. after 30 years you will have a couple million dollars. use the calculator at the website and you'll see. I have been maxing out for years. I save over 5000 dollars on my taxes every year and the amount I have accumulated is mucho dinero..........it's actually embarrassing. I don't want the wife to even know. may give her ideas. [/QUOTE]
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Just started my 401k, thoughts?
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