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Brown Cafe UPS Forum
UPS Retirement Topics
Just started my 401k, thoughts?
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<blockquote data-quote="JL 0513" data-source="post: 1218371" data-attributes="member: 50088"><p>"Only 3%" is 3% more than the majority of Americans, unfortunately. </p><p></p><p>Only 10% of Americans are saving enough for retirement. Most are actually going backwards accumulating debt faster than they are saving.</p><p></p><p>The average retirement assets of all households is just $3000. More shocking, people age 55-64 only average $12000. </p><p></p><p>I'm doing 1% right now because I'm at 1st year driver rate. Which means I barely make enough to pay bills. I still have a second job on the weekends. I plan to get serious about saving in 3 years when top rate is attained.</p></blockquote><p></p>
[QUOTE="JL 0513, post: 1218371, member: 50088"] "Only 3%" is 3% more than the majority of Americans, unfortunately. Only 10% of Americans are saving enough for retirement. Most are actually going backwards accumulating debt faster than they are saving. The average retirement assets of all households is just $3000. More shocking, people age 55-64 only average $12000. I'm doing 1% right now because I'm at 1st year driver rate. Which means I barely make enough to pay bills. I still have a second job on the weekends. I plan to get serious about saving in 3 years when top rate is attained. [/QUOTE]
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Just started my 401k, thoughts?
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