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 Discussions
Question about our 401k options....
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="browniehound" data-source="post: 370074" data-attributes="member: 4653"><p>Mountain,</p><p>If you are 14 years out and still 100% then I feel validated in my decision to be 100% in equities. </p><p> </p><p>My thinking was to go for maximum growth while I'm young and to continue to do it when I'm not so young.</p><p> </p><p>As a UPS driver my body (knees, hands, upper back, feet) are hurting at a young age. I need to get out as soon as possible. The only way I see this happening is if I invest 100% in equities and contribute the maximum allowed by law into the 401k plan.</p><p> </p><p>With a little luck in the market in future years it could become a reality. The difficult is contributing the Max. When we only make 55-65 per year, its difficult to contribute the 15,000 allowed by law even if it is pre-tax.</p><p> </p><p>Obviously if the pension fund is still alive and social security provides what it promises in our yearly statement, then those of us UPSers who contribute to our 401k's every week will b doing quite all right in our mid-late 60's.</p><p> </p><p>Its very scary that I think about my life in my 60's when I'm only 34<img src="/community/styles/default/xenforo/smilies/FeltTip/dissapointed.png" class="smilie" loading="lazy" alt=":dissapointed:" title="Disappointed :dissapointed:" data-shortname=":dissapointed:" />. Its like I'm wishing my life away<img src="/community/styles/default/xenforo/smilies/FeltTip/sad-little.png" class="smilie" loading="lazy" alt=":sad-little:" title="Sad Little :sad-little:" data-shortname=":sad-little:" /></p></blockquote><p></p>
[QUOTE="browniehound, post: 370074, member: 4653"] Mountain, If you are 14 years out and still 100% then I feel validated in my decision to be 100% in equities. My thinking was to go for maximum growth while I'm young and to continue to do it when I'm not so young. As a UPS driver my body (knees, hands, upper back, feet) are hurting at a young age. I need to get out as soon as possible. The only way I see this happening is if I invest 100% in equities and contribute the maximum allowed by law into the 401k plan. With a little luck in the market in future years it could become a reality. The difficult is contributing the Max. When we only make 55-65 per year, its difficult to contribute the 15,000 allowed by law even if it is pre-tax. Obviously if the pension fund is still alive and social security provides what it promises in our yearly statement, then those of us UPSers who contribute to our 401k's every week will b doing quite all right in our mid-late 60's. Its very scary that I think about my life in my 60's when I'm only 34:dissapointed:. Its like I'm wishing my life away:sad-little: [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Question about our 401k options....
Top