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Brown Cafe UPS Forum
UPS Union Issues
What Are The Advantages Of NOT Retiring When You Can?
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<blockquote data-quote="purplesky" data-source="post: 1056880" data-attributes="member: 23628"><p>If you are maxing out your 401k with the over 50 catch up contributions staying a few more years after 60 will be huge for retirement savings. Once you retire from UPS that ability to put away around 22k per year into your 401k goes bye bye. </p><p>Also at age 59 and a half you can make 401k withdrawls so you can pay off your debts while still working at UPS. So it gives you the ability to go into retirement debt free. </p><p></p><p>Powerball and a rich uncle are also options.<img src="/community/styles/default/xenforo/smilies/FeltTip/happy-very.png" class="smilie" loading="lazy" alt=":happy-very:" title="Happy Very :happy-very:" data-shortname=":happy-very:" /></p></blockquote><p></p>
[QUOTE="purplesky, post: 1056880, member: 23628"] If you are maxing out your 401k with the over 50 catch up contributions staying a few more years after 60 will be huge for retirement savings. Once you retire from UPS that ability to put away around 22k per year into your 401k goes bye bye. Also at age 59 and a half you can make 401k withdrawls so you can pay off your debts while still working at UPS. So it gives you the ability to go into retirement debt free. Powerball and a rich uncle are also options.:happy-very: [/QUOTE]
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What Are The Advantages Of NOT Retiring When You Can?
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