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Brown Cafe UPS Forum
UPS Retirement Topics
Beef up union pension plans ??
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 759567" data-attributes="member: 12570"><p>Yes, but when you are planning for retirement based on a $60K pension and it is reduced to $12.8K it is hard to make up that shortfall.</p><p> </p><p>I will get my SS when I turn 66 or 67 and will start drawing from my 401k as late as I possibly can (must draw at 70 1/2, cannot start until 59 1/2-I don't know why 1/2 seems to be popular with 401k's)</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 759567, member: 12570"] Yes, but when you are planning for retirement based on a $60K pension and it is reduced to $12.8K it is hard to make up that shortfall. I will get my SS when I turn 66 or 67 and will start drawing from my 401k as late as I possibly can (must draw at 70 1/2, cannot start until 59 1/2-I don't know why 1/2 seems to be popular with 401k's) [/QUOTE]
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Beef up union pension plans ??
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