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Brown Cafe UPS Forum
UPS Retirement Topics
Best time of year to retire
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<blockquote data-quote="olroadbeech" data-source="post: 4988776" data-attributes="member: 52145"><p>I still don't see how you have lost money. Just like someone else mentioned, we have made more money on our investments every year for the last 5 years than I made at UPS.</p><p></p><p>Sure it could all tank. Yes, corrections happen. Recessions happen, Even depressions can happen. Inflation has been here since the beginning of time. </p><p></p><p>But we still look long term even though we are in our 60's. Equities have averaged a gain of 8% a year for the last 40 plus years. That means on average you will double your money every 9 years. However , our 401k has doubled in just the last 5 years. </p><p></p><p>All our eggs are not in one basket.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 4988776, member: 52145"] I still don't see how you have lost money. Just like someone else mentioned, we have made more money on our investments every year for the last 5 years than I made at UPS. Sure it could all tank. Yes, corrections happen. Recessions happen, Even depressions can happen. Inflation has been here since the beginning of time. But we still look long term even though we are in our 60's. Equities have averaged a gain of 8% a year for the last 40 plus years. That means on average you will double your money every 9 years. However , our 401k has doubled in just the last 5 years. All our eggs are not in one basket. [/QUOTE]
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