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Brown Cafe UPS Forum
UPS Union Issues
As of Today, Do You Feel the TA Will Pass or Fail?
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<blockquote data-quote="Bagels" data-source="post: 1151243" data-attributes="member: 43436"><p>We had a driver here with over 40 years, who was still working in his late 60s. He absolutely refused to retire until his 401K reached $1M, despite the fact that him and his wife (who was also still working into here late 60s as a personal bankler) were set to earn more than $10,000 in monthly pension & social payments alongside minimal expenses (they owned their home). Sadly, he passed away of natural causes before he retired. Honestly, people need to be realistic about how long they'll live & how much money they'll need. You're not going to live the save lifestyle in your 70s that you did in your 60s, and certainly not when you're fortunate to be 80. Turn off programs like Suzzie Orman that convince you to save more than you'll ever need -- always remember that the more you save, the more they earn, and that's their goal.</p><p></p><p>It's more than feasible to live a quality retirement off maximum social security (sans a few high cost communities). Toss in the pension check and most of us will be able to enjoy a very high-quality retirement. 401Ks are just a bonus, quite frankly, and much of it will probably be passed along when you move on (unless you choose to spend it in the casino). Wouldn't you rather they earn it themselves?</p></blockquote><p></p>
[QUOTE="Bagels, post: 1151243, member: 43436"] We had a driver here with over 40 years, who was still working in his late 60s. He absolutely refused to retire until his 401K reached $1M, despite the fact that him and his wife (who was also still working into here late 60s as a personal bankler) were set to earn more than $10,000 in monthly pension & social payments alongside minimal expenses (they owned their home). Sadly, he passed away of natural causes before he retired. Honestly, people need to be realistic about how long they'll live & how much money they'll need. You're not going to live the save lifestyle in your 70s that you did in your 60s, and certainly not when you're fortunate to be 80. Turn off programs like Suzzie Orman that convince you to save more than you'll ever need -- always remember that the more you save, the more they earn, and that's their goal. It's more than feasible to live a quality retirement off maximum social security (sans a few high cost communities). Toss in the pension check and most of us will be able to enjoy a very high-quality retirement. 401Ks are just a bonus, quite frankly, and much of it will probably be passed along when you move on (unless you choose to spend it in the casino). Wouldn't you rather they earn it themselves? [/QUOTE]
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As of Today, Do You Feel the TA Will Pass or Fail?
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