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Would someone who works at UPS over 10+ yeats and hates it..
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<blockquote data-quote="olroadbeech" data-source="post: 2420153" data-attributes="member: 52145"><p>It's about discipline and living below your means. I did not start my 401k until I was nearly 40 and by the time I had retired it was over 500k. If I had started at 25 it would be close to 2 mil.</p><p></p><p>we are doing OK with that . I still advised young employees to max out their 401k as soon as possible. many, many families live on half or less than we make and do OK. the trouble with most UPS drivers is that they spend what they make thinking that the money will always be there.</p><p></p><p>Before starting at UPS fulltime in the early nineties my best year was 38 k. after that I made over 60k my first full year and then it went up every year after that. for the first 4-5 years we lived on our regular budget as if I was making 40-45k and we were able very easily to save a down payment on our house and make other major purchases.</p><p></p><p>I always maxed out the 401k because we were disciplined on living on a budget that was much less than we earned and of course because we got such a late start. We did not starve ourselves or live without.</p><p></p><p>Maybe having to live on a lot less money for a lot of years helped us appreciate this job much more and we were more careful with money. This discipline helped me retire probably 5 years early with a very nice nest egg.</p><p></p><p>Some drivers listened . A couple have thanked us for the advice. Some drivers will not listen no matter what.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 2420153, member: 52145"] It's about discipline and living below your means. I did not start my 401k until I was nearly 40 and by the time I had retired it was over 500k. If I had started at 25 it would be close to 2 mil. we are doing OK with that . I still advised young employees to max out their 401k as soon as possible. many, many families live on half or less than we make and do OK. the trouble with most UPS drivers is that they spend what they make thinking that the money will always be there. Before starting at UPS fulltime in the early nineties my best year was 38 k. after that I made over 60k my first full year and then it went up every year after that. for the first 4-5 years we lived on our regular budget as if I was making 40-45k and we were able very easily to save a down payment on our house and make other major purchases. I always maxed out the 401k because we were disciplined on living on a budget that was much less than we earned and of course because we got such a late start. We did not starve ourselves or live without. Maybe having to live on a lot less money for a lot of years helped us appreciate this job much more and we were more careful with money. This discipline helped me retire probably 5 years early with a very nice nest egg. Some drivers listened . A couple have thanked us for the advice. Some drivers will not listen no matter what. [/QUOTE]
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Would someone who works at UPS over 10+ yeats and hates it..
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