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Brown Cafe UPS Forum
UPS Retirement Topics
Retirement...contract talks
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<blockquote data-quote="Orion inc." data-source="post: 2177435" data-attributes="member: 58808"><p>The sad reality is that pensions won't last anymore. I always had the mindset to plan retirement without it. </p><p></p><p>I'm curious if the new ups pension fund(ours is funded at around 94%) will even be there when I retire. </p><p></p><p>Maybe push back your retirement a year and max all your savings? We had a feeder driver do that for 2 years. His house was paid off and he reduced his living expenses to $600/month and 50/week for food. He banked everything else and worked close to 60 hours a week while cashing out half his vacation. </p><p></p><p>He was sitting on a nice pile in the bank after that.</p></blockquote><p></p>
[QUOTE="Orion inc., post: 2177435, member: 58808"] The sad reality is that pensions won't last anymore. I always had the mindset to plan retirement without it. I'm curious if the new ups pension fund(ours is funded at around 94%) will even be there when I retire. Maybe push back your retirement a year and max all your savings? We had a feeder driver do that for 2 years. His house was paid off and he reduced his living expenses to $600/month and 50/week for food. He banked everything else and worked close to 60 hours a week while cashing out half his vacation. He was sitting on a nice pile in the bank after that. [/QUOTE]
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