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Brown Cafe UPS Forum
UPS Retirement Topics
Contributing to your 401k and taxes
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<blockquote data-quote="TearsInRain" data-source="post: 2713008" data-attributes="member: 24487"><p>taking a personal finance class in high school changed my life</p><p></p><p>it's disgusting how few people understand compound interest</p><p></p><p>the biggest mistake i see people make though is trying to pay for their kids college; there isn't enough time between birth and freshman year for CI to do the heavy lifting, you'd be better off letting your kids figure it out themselves because by the time you retire you could literally pay them a ft salary with how much you'll be making on your investments anyways</p></blockquote><p></p>
[QUOTE="TearsInRain, post: 2713008, member: 24487"] taking a personal finance class in high school changed my life it's disgusting how few people understand compound interest the biggest mistake i see people make though is trying to pay for their kids college; there isn't enough time between birth and freshman year for CI to do the heavy lifting, you'd be better off letting your kids figure it out themselves because by the time you retire you could literally pay them a ft salary with how much you'll be making on your investments anyways [/QUOTE]
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Contributing to your 401k and taxes
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