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Brown Cafe UPS Forum
UPS Union Issues
401k at 59 1/2
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<blockquote data-quote="textat3" data-source="post: 5794265" data-attributes="member: 12849"><p>Man I get it if that is your thing. I am sure from a financial perspective that is 100% the right thing to do. However, for me…I believe the sweet spot for having piece of mind, my health a good deal of financial security….the ability to live it up a bit if you will….is between 60 and 70. I’d rather blow a bunch of loot on a vette when I am 60, than on a conversion van with air lift suspension that is wheel chair accessible when I’m 72 because my knees are shot. I also don’t save for my kids. I have/am in the process of providing my kids with all the tools they need to be successful. Paying for college and instilling the old school work ethic that most don’t have anymore. It still matters. My children will also get my real estate which includes a property that was willed to me. They are also in the unique position to have wealthy, life long savers in their grandparents who will leave them a sizeable inheritance. Basically, my children at 50 will have a higher net worth than myself at 50 and that is awesome. I hope you live to 72 and maintain a healthy life so you can enjoy your 401k. I respect you choice, appreciate your input.</p></blockquote><p></p>
[QUOTE="textat3, post: 5794265, member: 12849"] Man I get it if that is your thing. I am sure from a financial perspective that is 100% the right thing to do. However, for me…I believe the sweet spot for having piece of mind, my health a good deal of financial security….the ability to live it up a bit if you will….is between 60 and 70. I’d rather blow a bunch of loot on a vette when I am 60, than on a conversion van with air lift suspension that is wheel chair accessible when I’m 72 because my knees are shot. I also don’t save for my kids. I have/am in the process of providing my kids with all the tools they need to be successful. Paying for college and instilling the old school work ethic that most don’t have anymore. It still matters. My children will also get my real estate which includes a property that was willed to me. They are also in the unique position to have wealthy, life long savers in their grandparents who will leave them a sizeable inheritance. Basically, my children at 50 will have a higher net worth than myself at 50 and that is awesome. I hope you live to 72 and maintain a healthy life so you can enjoy your 401k. I respect you choice, appreciate your input. [/QUOTE]
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401k at 59 1/2
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