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Brown Cafe UPS Forum
UPS Retirement Topics
How did you take your retirement payout?
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<blockquote data-quote="Trucker Clock" data-source="post: 5497559" data-attributes="member: 70932"><p>I believe it is 55 for health Insurance. They could be on their spouse’s plan and not have to worry about insurance. </p><p></p><p>Spouse has a good job and keeps working. Driver retirees at 46 after 25 years with $2000/mo. Or driver inherited money or hit it big in the stock market. Or the couple maxed out the 401K for 25 years.</p><p></p><p>Many reasons why someone could afford to retire after 25 years. A 25 year pension at any age is ridiculous.</p><p></p><p>I‘m OK with a 25 and out at age 57. He may have started UPS later in life and doesn’t want to hustle bundles in his sixties. </p><p></p><p>And, if nobody actually retires under that option, why even have it.</p></blockquote><p></p>
[QUOTE="Trucker Clock, post: 5497559, member: 70932"] I believe it is 55 for health Insurance. They could be on their spouse’s plan and not have to worry about insurance. Spouse has a good job and keeps working. Driver retirees at 46 after 25 years with $2000/mo. Or driver inherited money or hit it big in the stock market. Or the couple maxed out the 401K for 25 years. Many reasons why someone could afford to retire after 25 years. A 25 year pension at any age is ridiculous. I‘m OK with a 25 and out at age 57. He may have started UPS later in life and doesn’t want to hustle bundles in his sixties. And, if nobody actually retires under that option, why even have it. [/QUOTE]
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How did you take your retirement payout?
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