Is your 401k up to this standard?

[Over70irregs]

 

[Thebrownblob]

View attachment 423971

Well, I’m way ahead of those losers.

 

[IVE GOTTA PACKAGE 4U]

View attachment 423971

Having no debt is even better

 

[pkgdriver]

Started one the year after high school and also when United Parcel Service started one. No debt unless it was beneficial to me.

Well, I’m way ahead of those losers.

You dont have a Ford Raptor so who is the loser.

 

[Thebrownblob]

Started one the year after high school and also when United Parcel Service started one. No debt unless it was beneficial to me.

You dont have a Ford Raptor so who is the loser.

Damn it

 

[robot]

That average is kinda sad

 

[Over70irregs]

That average is kinda sad

Not everyone has access to the OT and wage we do for such an extended time. We have to 401k it to reduce taxes.

 

[Johney]

It was.

 

[Over70irregs]

Remember those in the chart above don’t have pensions……

 

[IVE GOTTA PACKAGE 4U]

That average is kinda sad

People don't save. They live for today and worry about tomorrow when it's too late.

 

[Thebrownblob]

Not everyone has access to the OT and wage we do for such an extended time. We have to 401k it to reduce taxes.

I still have to believe those are incredibly low

 

[DELACROIX]

Remember those in the chart above don’t have pensions……

It sure looks like that safety net of (pensions)..(social security) and (401k’s) for most of us is just a pipe dream.

 

[IVE GOTTA PACKAGE 4U]

It sure looks like that safety net of (pensions)..(social security) and (401k’s) for most of us is just a pipe dream.

You can work 10 more years...

 

[Thebrownblob]

You can work 10 more years...

A lot of people taking their Social Security, and still working, not because they want to but because they have to

 

[IVE GOTTA PACKAGE 4U]

A lot of people taking their Social Security, and still working, not because they want to but because they have to

FJB

 

[PT Car Washer]

A lot of people taking their Social Security, and still working, not because they want to but because they have to

I work with a lot of UPSers who are collecting their Social Security and still earning $85k /yr. And a lot more.

 

[Thebrownblob]

I work with a lot of UPSers who are collecting their Social Security and still earning $85k /yr. And a lot more.

And since I don’t know their living expenses, I can’t assume $85,000 is enough. I know guys I work with who make 120 K, And can barely afford to miss a paycheck, smh.

 

[DriverNerd]

I still have to believe those are incredibly low

That's a low amount and won't last long at retirement, but those aren't recommended amounts per age but actually savings by age. Americans overall don't save much then are surprised when they're still working at 75.

 

[Over70irregs]

I still have to believe those are incredibly low

When parts of US population only have $500-1k in the bank. If you take months off for birth of kid or on disability for injury it adds up.

 

[over9five]

Don't need no stinkin' 401k.
Joe will take care of us!