Has Working at UPS increased your NET WORTH?

[Over70irregs]

Does this look right?
Top 10% net-worth by age group:
25-29: $128,000
30-34: $242,000
35-39: $496,000
40-44: $761,000
45-49: $832,000
50-54: $1 million
55-59: $1.4 million
60-64: $1.5 million

 

[Thebrownblob]

@Jkloc420 is a soy boy

 

[Thebrownblob]

Does this look right?
Top 10% net-worth by age group:
25-29: $128,000
30-34: $242,000
35-39: $496,000
40-44: $761,000
45-49: $832,000
50-54: $1 million
55-59: $1.4 million
60-64: $1.5 million

Is that for UPS employees or is that for the general public? Sadly, I don’t think either group has that much money saved in general, I think most of those would be the exception.

Over the past few years, I’ve helped helped quite a few drivers set up their retirement and I’m always shocked at how little they’ve saved some don’t even have a 401(k) or anything other than their pension and Social Security.

 

[Jkloc420]

Not with inflation being as high as it is, the raise you just got is gone

 

[Thebrownblob]

Not with inflation being as high as it is, the raise you just got is gone

@IVE GOTTA PACKAGE 4U says ibonds

 

[IVE GOTTA PACKAGE 4U]

@IVE GOTTA PACKAGE 4U says ibonds

Only one more day to lock in the current rates

 

[Jkloc420]

@IVE GOTTA PACKAGE 4U says ibonds

Ass bonds he likes

 

[IVE GOTTA PACKAGE 4U]

Ass bonds he likes

You should buy some today

 

[Coldworld]

Is that for UPS employees or is that for the general public? Sadly, I don’t think either group has that much money saved in general, I think most of those would be the exception.

Over the past few years, I’ve helped helped quite a few drivers set up their retirement and I’m always shocked at how little they’ve saved some don’t even have a 401(k) or anything other than their pension and Social Security.

Is that for UPS employees or is that for the general public? Sadly, I don’t think either group has that much money saved in general, I think most of those would be the exception.

Over the past few years, I’ve helped helped quite a few drivers set up their retirement and I’m always shocked at how little they’ve saved some don’t even have a 401(k) or anything other than their pension and Social Security.

How do you account your pension into the net worth?

 

[Just A UPS Guy]

Not with inflation being as high as it is, the raise you just got is gone

Was gone before you got it.

 

[Over70irregs]

Is that for UPS employees or is that for the general public? Sadly, I don’t think either group has that much money saved in general, I think most of those would be the exception.

Over the past few years, I’ve helped helped quite a few drivers set up their retirement and I’m always shocked at how little they’ve saved some don’t even have a 401(k) or anything other than their pension and Social Security.

I was working grocery and pt brown when I was younger and a lady from the grocery nagged me. Glad I listened…..

 

[Just A UPS Guy]

How do you account your pension into the net worth?

I plan on 30 years of payments, so whatever that comes out to. Couple million?

 

[Coldworld]

I plan on 30 years of payments, so whatever that comes out to. Couple million?

It's just like equity in a house...there's money there to be tapped if you sell it but otherwise it's locked up. I would love to say that I have 2 million worth of pension monies that is part of my net worth but it's not mostly guaranteed like 401k money.

 

[Over70irregs]

Not with inflation being as high as it is, the raise you just got is gone

Bonds are an underwater scam. Just a mental exercise. Grandparents fiat. Sorry…… I’m looking to juke them. 1Trillion/100days

 

[Just A UPS Guy]

It's just like equity in a house...there's money there to be tapped if you sell it but otherwise it's locked up. I would love to say that I have 2 million worth of pension monies that is part of my net worth but it's not mostly guaranteed like 401k money.

It's guaranteed for as long as I'm gonna need it. IDGAF about my net worth the day after I die.

 

[Coldworld]

Y

It's guaranteed for as long as I'm gonna need it. IDGAF about my net worth the day after I die.

U got that rich west coast money...living like a LaJolla player.

 

[BrownFlush]

Over the past few years, I’ve helped helped quite a few drivers set up their retirement and I’m always shocked at how little they’ve saved some don’t even have a 401(k) or anything other than their pension and Social Security.

That would be me.
I did UPS stock. Got lucky.

 

[BrownFlush]

Is that for UPS employees or is that for the general public?

I'd like to know, too.
I know the housing market is inflated, but we just turned down 1.5 mill for our house.

 

[Just A UPS Guy]

Y

U got that rich west coast money...living like a LaJolla player.

Catch me in Coronado

 

[Thebrownblob]

That would be me.
I did UPS stock. Got lucky.

These guys didn’t even even do that, buying UPS stock when you were still at the company was a very smart move.