grgrcr88
No It's not green grocer!
I used to have all of them!! I still have the one somewhere I think!! I will have to look!!
When did you start 401k and what's your balance
- Thread starter brown metal coffin
- Start date
I used to have all of them!! I still have the one somewhere I think!! I will have to look!!
grgrcr88
No It's not green grocer!
Boxjockey82
Well-Known Member
Started in July 2012, I started off at 16% going into the three available accounts. I'm new to 401k's so I wasn't/ still not sure if contributing to all three is necessary or beneficial. Once I stopped driving in January to go back to local sort for my 6 month stint I decreased it to 6%. Currently I have $3600, I'll bump it back up when I start driving again or go full time whichever comes first.
You may have found him.....
Catatonic
Nine Lives
Security and staying focused on a measurable purpose come to mind.
Brownslave688
You want a toe? I can get you a toe.
Started saving in 06 or 07. Up to 10% right now. I think I have around 30k in 401k and 10k in ups stock. I've been at ups since 2005.
Harley Rider
34 yrs & done!
I started my 401k back in the late 80's. Never did really get serious about saving any big amount. For awhile I was putting in 7% when it had the huge growth spurt. Then when it went into the crapper, I quit contributing. Started back a few years ago but I only put in 3%. I was up to 120,000.00 and lost half of it when the bottom fell out. Finally recovered from that and am just shy of 160,000.00 now. I always kept my money in the highest risk catagories I could. Last year I talked to a financial consultant and she helped me distribute everything a little better and take some of the risk out since I hope to retire in the next few years.
Sure would be nice if UPS matched even a small percentage of our 401k. Almost everyone I know that has a 401k plan has employer matching funds.
Sure would be nice if UPS matched even a small percentage of our 401k. Almost everyone I know that has a 401k plan has employer matching funds.
Brownslave688
You want a toe? I can get you a toe.
I would love a small match 2-3% but the people u speak of likely don't have a pension.
Catatonic
Nine Lives
Tell the Teamster's you want that.
Every time UPS has proposed this, the Teamsters said no.
I assume everyone you know are not Unionized and/or don't have a pension.
Brownslave688
You want a toe? I can get you a toe.
I would much rather see the money that goes towards our pension in my paycheck.
The only reason we have social security or pensions is because most people don't know how to save for retirement.
Ill bet 10% of people or less put the social security tax cut into their retirement accounts.
pretender
Well-Known Member
I did not know that...
UpstateNYUPSer(Ret)
Well-Known Member
I would prefer the money that goes toward our pension be deposited in to my 401k, not my paycheck. I would be more inclined to spend it if I had direct access to it.
Brownslave688
You want a toe? I can get you a toe.
I meant to me personally as opposed to a pension.
You will be just fine. Keep saving and live below your means. We have guys in our center that make almost 100k....and say " I cant afford to put any money in the 401k"!!!!....WTF..
bottomups
Bad Moon Risen'
Sweet! I'll have a yoga partner. 8am Tuesday and Friday mornings on Poipu Beach. Then off to surfing.
Harley Rider
34 yrs & done!
Most do not belong to a union but most do have a pension. My brother in law worked for Reynolds/Alcoa. He was in a union and had a pension with matching 401k funds.
Benben
Working on a new degree, Masters in BS Detecting!
I am sitting right at about 40K in the 401K. I started the second month I was eligble.
This is my 7th year at UPS. I start the year at a low % in Jan and Feb. I promised wife we can invest in our house, (remodeling-new floors/doors/rooms, ect.) Will be at 20% of income by June. Just started the Roth (low allocation like 3%) last year with the intentions of traveling extensively for 1 year the year I retire and will use that account to do it. I buy 1 share of UPS stock per paycheck through the DESPP. I also have a Merril Lynch account that I put $50 into every week.
Retirement plans:
$3,000 monthly pension
$2,000 monthly SS
$500,000 in the 401K
$50,000 in wifes 401K
Most important retirement move I have made................................................................................................
PHAT LIFE INSURANCE POLICY ON THE WIFE!
This is my 7th year at UPS. I start the year at a low % in Jan and Feb. I promised wife we can invest in our house, (remodeling-new floors/doors/rooms, ect.) Will be at 20% of income by June. Just started the Roth (low allocation like 3%) last year with the intentions of traveling extensively for 1 year the year I retire and will use that account to do it. I buy 1 share of UPS stock per paycheck through the DESPP. I also have a Merril Lynch account that I put $50 into every week.
Retirement plans:
$3,000 monthly pension
$2,000 monthly SS
$500,000 in the 401K
$50,000 in wifes 401K
Most important retirement move I have made................................................................................................
PHAT LIFE INSURANCE POLICY ON THE WIFE!
What'dyabringmetoday???
Well-Known Member
I would love to divulge my account balance, but I already get enough attention from my thoughtful posts. Lol?
A
anonymous6
Guest
i tell all the new guys to max out 401k and IRA's and live on the balance. i have been doing that for years. it scares me when i see the balance.
i used to live in my car. now i can buy a dealership.
i used to live in my car. now i can buy a dealership.
