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 Union Issues
Nys teamsters pension & retirement fund
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="Brownslave688" data-source="post: 3080211" data-attributes="member: 34439"><p>A pension is simply never going to touch the return on investment a 401k can. </p><p></p><p>The company will put in on average at least 25k per year on my behalf for my career. </p><p></p><p>25k x 35 = 875,000 </p><p></p><p></p><p>That's with 0% return. At 4K a month payout I'll have to live 18 years into retirement just to get my money back </p><p></p><p></p><p>Or I could retire with 2-3 million and have all of that money to do with as I please at 59.5. </p><p></p><p></p><p>It's a no brainer.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 3080211, member: 34439"] A pension is simply never going to touch the return on investment a 401k can. The company will put in on average at least 25k per year on my behalf for my career. 25k x 35 = 875,000 That's with 0% return. At 4K a month payout I'll have to live 18 years into retirement just to get my money back Or I could retire with 2-3 million and have all of that money to do with as I please at 59.5. It's a no brainer. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
Nys teamsters pension & retirement fund
Top