Nope. Only idiots that don't know how to manage money work their entire life and end up living in their car.
If they made considerably less than $80k during their work years how are they going to have $80k a year in retirement? Say you retire at 67 and die at 82. That's $1.2 million. You are very optimistic about a couriers chances of accumulating that sort of wealth.
@It will be fine right now my $1840 sent to me in Argentina through Western Union will give me $3138 dollars worth of Pesos. It has settled down a bit. A couple of months ago I could have gotten about $3900 worth of Pesos. More than $37000 worth annually. Since Argentina's cost of living is less than half of the U.S. it would be close to be like having $80k in purchasing power in the U.S. A comfortable life.
How can a courier have 80k coming in during retirement? Simple. 401k with a 5%, maybe more return during retirement plus SS plus a pension. Have a spouse with just SS and a decent 401k and live happily ever after. Retire at 67? I retired at 59 and yes, I always take care of the waitress.
Good for you. Keep in mind tens of thousands of couriers had their pay suppressed and never made what you made in spite of working decades for Express. And not everyone is married. And their portable pension will never amount to what the traditional pension paid. Most people don't want to live like monks for decades to get to a reasonable retirement.
Keep in mind tens of thousands of couriers managed to save for a comfortable retirement despite the length of time it took to top out. Some retired comfortably and never topped out. Do you know how? It is called proper money management and living within your means while putting money in your 401k. Qualities you never figured out.
I don't know why it would "get to" me that you criticize the company. Some guy on a message board doesn't like a company - GOSH I MAY NEVER SLEEP AGAIN!
Van is the only person who both supports and opposes capitalism.
"I don't care what the circumstances are, you should never change anything that I like!!!!!"
I misstated nothing - you were a child playing a man's game.
I was under the impression you only sleep days in a coffin.
I've forgotten more about futures trading then you'll ever know. As the saying goes, if it were easy everyone would be doing it. One thing I can say, after numerous trades I never lost more than I started with, something very possible in futures trading. And you mixed up two different events in hopes of discrediting my criticism of the company.
It's telling that you support screwing employees in the pursuit of profit. Not because for the health of the company but rather for growing wealth of those already wealthy. It's a dog eat dog company, and you firmly have your snout up the big dog's ass.
People like you make an argument for considering socialism.
Your piddling around in futures has nothing to do with your criticism of the company.
And you retired broke and sleeping in your car. Great plan.
I shudder to think what the company would be like if they ran it the way you think they should.
I didn't lose my shirt. And your rudimentary understanding of investing just embarrasses you.
I have never said they didn't have the right to change over to a new pension plan. My criticism is in how they changed over. And of the way they handled midrange raises for many years, lying to people in how long it would take to top out. I imagine being honest with employees and settling for less profit to take care of employees would make you shudder.
I have a pension and the car is a temporary thing. You on the other hand are you, and you'll have to live with that.
