Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Investments, 401K, Etc (on topic)
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Babagounj" data-source="post: 3748463" data-attributes="member: 12952"><p>Well as a retired 22.3 , who invested heavily in the 401K ( up to 17% at one point ) , I have taken out $90,000 from my 401K over the last 3 years. And yes , My income is now greater than when I worked. ( I just had to buy some retirement toys ). Well back to my point 401K -$90,000 and my account balance is still over $500,000 ( actually at last check $510,500 ). </p><p>What no one really mentioned so far is the Time is your BEST friend . No matter what you do 401K and /or Roth, what you need to do is put that money away now and let it grow. Stocks markets go up and down all the time, you don't need to worry. Over time you still win. Same applies to owning properties, but with higher costs associated with it. You'll need to make periodic repairs to keep it's value up. Having a small business or another trade skill is also a plus. Working for just UPS all your life is not a pleasant option. I did it for 39 years, believe me it still gives me nightmares.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 3748463, member: 12952"] Well as a retired 22.3 , who invested heavily in the 401K ( up to 17% at one point ) , I have taken out $90,000 from my 401K over the last 3 years. And yes , My income is now greater than when I worked. ( I just had to buy some retirement toys ). Well back to my point 401K -$90,000 and my account balance is still over $500,000 ( actually at last check $510,500 ). What no one really mentioned so far is the Time is your BEST friend . No matter what you do 401K and /or Roth, what you need to do is put that money away now and let it grow. Stocks markets go up and down all the time, you don't need to worry. Over time you still win. Same applies to owning properties, but with higher costs associated with it. You'll need to make periodic repairs to keep it's value up. Having a small business or another trade skill is also a plus. Working for just UPS all your life is not a pleasant option. I did it for 39 years, believe me it still gives me nightmares. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Investments, 401K, Etc (on topic)
Top