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Brown Cafe UPS Forum
UPS Union Issues
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<blockquote data-quote="upschuck" data-source="post: 1367516" data-attributes="member: 49865"><p>But pension is guaranteed to be there as long as union doesn't negotiate it away(UPS and then the govt). How many multi millionaires committed suicide last few years when then market tanked and they lost the majority of their wealth. That happens a lot. It is all rosy when then market is going up...... I will live quite comfortably in retirement.</p><p></p><p> That is just me, but I like the security. I have plenty in 401k, and will probably increase it in Aug again.</p></blockquote><p></p>
[QUOTE="upschuck, post: 1367516, member: 49865"] But pension is guaranteed to be there as long as union doesn't negotiate it away(UPS and then the govt). How many multi millionaires committed suicide last few years when then market tanked and they lost the majority of their wealth. That happens a lot. It is all rosy when then market is going up...... I will live quite comfortably in retirement. That is just me, but I like the security. I have plenty in 401k, and will probably increase it in Aug again. [/QUOTE]
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