New Video! Is the buyout even worth it?

[IVE GOTTA PACKAGE 4U]

Term?

I was talking whole life for her.

Why bother?

 

[Thebrownblob]

Term?

I was talking term for her.

Yep, I recently got a $500,000. 20 year term life for about $44 a month just turned 53

Whole life is pretty expensive and doesn’t fit what I wanted.

 

[IVE GOTTA PACKAGE 4U]

Yep, I recently got a $500,000. 20 year term life for about $44 a month just turned 53

Not bad
Big Lou?

 

[AllTheBellsAndWhistles123]

Yep, I recently got a $500,000. 20 year term life for about $44 a month just turned 53

Whole life is pretty expensive and doesn’t fit what I wanted.

It’s not for you.

 

[Thebrownblob]

Not bad
Big Lou?

He’s on meds too.

No, actually I used policy genius.

 

[Thebrownblob]

It’s not for you.

I’ve never bought a whole life policy. Of course I’ve sat and listened to their spiel and it always felt like It was a used car salesman trying to sell me a ty car.

 

[IVE GOTTA PACKAGE 4U]

I’ve never bought a whole life policy. Of course I’ve sat and listened to their spiel and it always felt like I used car salesman trying to sell me a ty car.

The expenses are ridiculous

I'm still trying to figure what to do with my universal policy

 

[AllTheBellsAndWhistles123]

The expenses are ridiculous

I'm still trying to figure what to do with my universal policy

1-800-JGWENWORTH

 

[IVE GOTTA PACKAGE 4U]

1-800-JGWENWORTH

Not helpful

 

[BigBrownBeaver69]

401k plus I bonds

You're welcome

Real estate investing.
You're welcome.

 

[BigBrownBeaver69]

That was my plan only she didn’t wait for me to die. . Plus she took 16%.

You are probably just as insufferable in real life.

 

[What'dyabringmetoday???]

You are probably just as insufferable in real life.

He's a treat!

 

[Wally]

First problem.

There isn’t enough drivers to do the work We have currently, matter fact we roll packages frequently.. something we’ve never done as frequently in my whole career here it’s pathetic.

Second problem
How does laying off a driver accomplish anything? even if there’s not enough packages to deliver they’re still getting paid and they’re still getting there benefits paid because they’re gonna go work in the building.

Continually hearing about people worried about layoffs as if they’ve never happened to UPS as a newer driver 25 years ago I was laid off every my first four years for the first four or five months of the year.

I think they are going to shrink the business and try to focus on high profit volume. Only problem with the gravy only business model is you better pray the gravy supply doesn't dry up.

 

[Wally]

That's about the same amount as 100% survivorship option

I showed you my numbers

Including the tax free benefit of life insurance?

 

[Thebrownblob]

I think they are going to shrink the business and try to focus on high profit volume. Only problem with the gravy only business model is you better pray the gravy supply doesn't dry up.

Very possibly

 

[IVE GOTTA PACKAGE 4U]

Including the tax free benefit of life insurance?

Yes

 

[Raw]

I hope you don't take the buyout.

I have 37 1/2 years in as a driver and plan on retiring in late November and wouldn`t consider taking the buyout !

 

[IVE GOTTA PACKAGE 4U]

I have 37 1/2 years in as a driver and plan on retiring in late November and wouldn`t consider taking the buyout !

Seriously?

And congratulations

 

[Raw]

Seriously?

And congratulations

Contract is legal binding, why violate it at this point for scraps. Very sketchy explanation on the portal. Not risking anything for my spouse regarding healthcare or going against the teamsters.

 

[IVE GOTTA PACKAGE 4U]

Contract is legal binding, why violate it at this point for scraps. Very sketchy explanation on the portal. Not risking anything for my spouse regarding healthcare or going against the teamsters.

I agree this deal is very sketchy... at best.

Congratulations on getting out of here.

Any big plans?